BP2S SG/BNP Paribas claims nearly 60% of CMNP after acquiring 400 million shares

JAKARTA — On Friday, December 13, 400 million shares ofPT Citra Marga Nusaphala Persada Tbk (CMNP), an infrastructure development company, were acquired by BP2S SG/BNP Paribas Singapore Branch Wealth Management. With a stake of 58.92%, this investor was alreadythe majority shareholder; however, its most recent acquisition through PT Bank HSBC Indonesiaraised its ownership by nearly60%.

Additionally, through PT Binaartha Sekuritas, foreign investor Mataram Limited acquired 400 million shares of forestry and logging businessPT SLJ Global Tbk (SULI), increasing its ownership stake to 15%. Around120.54 million shares ofPT Astrindo Nusantara Infrastruktur Tbk (BIPI), an energy infrastructure business, were thenacquired by CGS International Securities Singapore Pte Ltd.

Then,PT Elang Mahkota Teknologi Tbkacquired 100 million shares inPT Surya Citra Media Tbk (SCMA), a television and multimedia corporation. Approximately 61.32% ofSCMAshares are now owned by this controller.

PT Saratoga Investama Sedaya Tbkalsoacquired approximately 53.36 million shares ofPT Merdeka Copper Gold Tbk (MDKA), a holding company for metal ore mining, from Boy Thohir. Saratoga Investama purchased the shares through PT Indo Premier Sekuritas, with a final ownership of 19.18%, whereas Boy sold them throughPT Trimegah Sekuritas Indonesia Tbk, with a 7.46% residual ownership.

Once more, HSBC-Fund SVS A/C Chengdong Investment Corp-Self was observed selling 78.90 million shares ofPT Bumi Resources Tbk (BUMI), a coal mining holding company. Chemical Asia Corporation Pte Ltd also lowered its stake inPT Victoria Investama Tbk (VICO), selling 30 million shares of the financial holding firm.

Even yet,PT Yulie Sekuritas Indonesia Tbkcontinued to sell off 31.25 million shares inPT Metropolitan Land Tbk (MTLA), a developer of commercial and residential real estate. With the sale of 8.5 million shares ofPT Petrosea Tbk (PTRO), a mining, infrastructure, and oil and gas services firm, PT Caraka Reksa Optima concluded the market hints. (KD)

Only on IDNFinancials can you read the most recentmarket hints!