Batavia Prosperindo Internasional acquires 88.71% of Mallaca Trust Insurance
05 Jan 2023 09:58
On the first trading day, Monday, January 2, PT Batavia Properindo Internasional Tbk strengthened its position as the controlling shareholder of PT Malacca Trust Wuwungan Insurance Tbk (MTWI). Batavia Prosperindo purchased 1,160,627,882 shares of MTWI, boosting its ownership percentage from 46.21% to 88.71%.