Visi Media Asia acquires 45% of Intermedia Capital (MDIA) shares

JAKARTA - On Friday, December 6,PT Visi Media Asia Tbkacquired more than 17.64 billion shares ofPT Intermedia Capital Tbk (MDIA), an issuer of content services, making it a new majorstakeholder in the company.

Via PT BRI Danareksa Sekuritas, Visi Media acquired the outstanding number of shares fromMDIAs controller, UOB Kay Hian (Hong Kong) Ltd. As a result, these two investors now own the same percentage ofMDIAshares, each at 45%.

Additionally, foreign investor CGS International Securities Singapore Pte Ltd wasstill purchasing shares inPT Astrindo Nusantara Infrastruktur Tbk (BIPI), this time for a total of 145.17 million shares, which caused its stakes to marginally increase to 14.5%.

Then, through PT Mirae Asset Sekuritas Indonesia,PT Elang Mahkota Teknologi Tbkacquired up to fifty million shares inPT Surya Citra Media Tbk (SCMA), a company involved in the multimedia and entertainment sector. As it continues to expand its stake in the lightweight brick and mortar cement manufacturer, PT Tancorp Investama Muliaset its sights on 43.57 million shares ofPT Superior Prima Sukses Tbk (BLES).

Two of the investors in the real estate developerPT Alam Sutera Realty Tbk (ASRI), PT Manunggal Prime Development and PT Maybank Sekuritas Indonesia, reportedly traded up to12.70 million shares ofASRI. Maybank Sekuritas shareholding dropped to 8.54%, while Manunggal Primes stake climbedto 21.15% as a result of the transaction.

On the other hand, PT Samuel Tumbuh Bersama sold a remarkable number of shares. Through PT Samuel Sekuritas Indonesia, this investor sold 1.48 billion shares ofPT Nusantara Sawit Sejahtera Tbk (NSSS), a company that produces palm oil, reducing the percentage of ownership to 43.58%.

PT Kuantum Akselerasi Indonesia then sold a total of 1.20 billion shares ofPT VKTR Teknologi Mobilitas Tbk (VKTR), an issuer of electric vehicles. Lastly, nearly21 million shares ofPT Bumi Resources Tbk (BUMI), a holding company involved in the mining industry, were released by foreign investor HSBC-Fund SVS A/C Chengdong Investment Corp-Self. (KD)

Only on IDNFinancials can you find the most recentmarket hints!