March-April 2024, BREN’s market cap shifted 71.62%
06 May 2024 10:14
PT Bank Central Asia Tbk (BBCA) has failed to guard its number-one spot in the Top 10 Market Capitalisation of Indonesia Stock Exchange (IDX) in April 2024.
Woori Bank invests another 6.11 billion shares in Bank Woori Saudara (SDRA)
03 May 2024 17:46
On Tuesday, April 30, the controller of PT Bank Woori Saudara Indonesia 1906 Tbk (SDRA), Woori Bank of South Korea, strengthened its control by investing an additional 6.11 billion shares. This transaction, which involved PT Kiwoom Sekuritas Indonesia, increased Woori Bank's shareholding from 84.2% to 90.78%. Two of the investors in PT Metropolitan Land Tbk (MTLA), a development company, also traded some of its shares. PT Yulie Sekuritas Indonesia Tbk released 48.89 million MTLA shares, which individual investor, Magnus Jaya, quickly took over.
CGS-CIMB Securities sells 230 million Indonesian Paradise (INPP) shares
02 May 2024 13:21
Foreign investor CGS-CIMB Securities (Singapore) Pte Ltd sold 230 million shares of PT Indonesian Paradise Property Tbk (INPP) on Monday, April 29. Through this transaction, which was led by PT CGS International Sekuritas Indonesia, the investor's share portion fell from 10.49% to 8.43%. Indonesian Paradise itself is an issuer that provides accommodation services. Aside from that, PT Aladin Global Ventures released approximately 18.62 million shares of the banking company PT Bank Aladin Syariah Tbk.
Adding 4.71 billion shares, Rejuve Global's stake in Pyridam Farma skyrocketed to 78%
30 Apr 2024 18:07
After previously acquiring 44% of the shares in the pharmaceutical company PT Pyridam Farma Tbk (PYFA), the acquisition of Rejuve Global Investment Pte Ltd. continued. On Friday, April 26, this foreign investor added 4.71 billion PYFA shares, increasing its stake from 44.04% to 78.79%. On the other hand, PT Aldiracita Sekuritas Indonesia sold 332.64 million PYFA shares, reducing its ownership from 8.01% to 5.98%.
Roket Cipta Sentosa becomes Cardig Aero (CASS) controller after purchasing more than 1 billion shares
30 Apr 2024 14:46
On Thursday, April 25, PT Cardig Aero Services Tbk (CASS) welcomed PT Roket Cipta Sentosa as a new investor and controlling shareholder. Without hesitation, this investor purchased 1.06 billion shares of the holding company that supports airport service, acquiring 51% ownership. This transaction was handled by PT Trimegah Sekuritas Indonesia Tbk. In contrast, another CASS investor, SATS Ltd., S/A Cemerlang Pte. Ltd., reduced its ownership. This investor sold approximately 205.63 million shares, reducing its stake to around 10.15%.
Surpassing BCA, BREN holds the highest market cap title
30 Apr 2024 12:46
Market capitalisation of PT Barito Renewable Energy Tbk (BREN) has surpassed PT Bank Central Asia Tbk (BBCA), arriving as the top market capitalisation in Indonesia Stock Exchange (IDX) yesterday (29/4).
Metro Pacific Tollways now owns 95.52% of Nusantara Infrastructure (META), after acquiring 3.69 billion more shares
29 Apr 2024 15:34
On Wednesday, April 24, investor PT Metro Pacific Tollways Indonesia purchased a substantial number of shares in PT Nusantara Infrastructure Tbk (META). PT BCA Sekuritas facilitated the acquisition of approximately 3.69 billion shares of this construction contractor company by this controlling shareholder, resulting in a significant increase in share ownership from 74.65% to 95.52%.
Sumber Garam handed over 582 million Multi Garam Utama (FOLK) shares to Garam Ventura
29 Apr 2024 14:44
On Tuesday, April 23, roughly 582.06 million shares of PT Multi Garam Utama Tbk (FOLK), a creative and consumer holding company, were handed over. PT Sumber Garam Pratama handed down these shares via PT KGI Sekuritas Indonesia, decreasing its ownership from 46.31% to 31.56%. PT Garam Ventura Indonesia, on the other hand, increased its ownership significantly from 30.73% to 45.47% after acquiring these shares.
Defeating BRI, BREN is now runner-up of IDX market cap
29 Apr 2024 11:15
PT Barito Renewables Energy Tbk (BREN) has pushed aside PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) to the third place of the highest market capitalisation in Indonesia Stock Exchange (IDX) from the initial runner-up spot.
Jonathan Tahir acquired 200 million shares of Estee Gold Feet and now owns 7.85% of the company
25 Apr 2024 13:12
PT Estee Gold Feet Tbk (EURO) embraced another new investor on Monday, April 22. Jonathan Tahir, an individual investor, purchased 200 million shares through PT Danatama Makmur Sekuritas, acquiring approximately 7.85% of the company's stock.
