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Sabana Prawirawidjaja invests an additional 1.6 billion shares in Ultrajaya (ULTJ)

05 Nov 2024 14:36

On Thursday, October 31, Sabana Prawirawidjaja made an additional investment of 1.6 billion shares in PT Ultrajaya Milk Industry & Trading Company Tbk (ULTJ). The company's investor, who is also the president of the food and beverage company, increased his stake in ULTJ from 34% to nearly 50%. He used PT Shinhan Sekuritas Indonesia to make the purchase.

Sabana Prawirawidjaja invests an additional 1.6 billion shares in Ultrajaya (ULTJ)