JAKARTA - On Tuesday, December 17, foreign investor CGS International Securities Singapore Pte Ltd bought 155 million shares to its holdings inPT Astrindo Nusantara Infrastruktur Tbk (BIPI). This investor previously held about 15.67% ofBIPIs shares; however, this most recent acquisition raised that percentage to nearly16%. Energy infrastructure is the focus ofBIPIshares.
Subsequently, Sendra Gunawan acquired 112.5 million shares ofPT Asuransi Harta Aman Pratama Tbk (AHAP), a traditional non-life insurance company, bringing herownership stake up to 12.56%.
Following that, PT Primitias Ikota Jaya purchased 7.24 million shares ofPT Tera Data Indonusa Tbk (AXIO), a company that manufactures and trades computers and computer spare parts under the Axioo brand.
Then, Lo Kheng Hong, one of Indonesias top value investors, was observed simultaneously purchasing shares in two issuers. In order to increase his shareholding to 5.23%, he first purchased 550 thousand shares inPT Gajah Tunggal Tbk (GJTL), a tire maker. His stake inPT ABM Investama Tbk (ABMM), an energy investment company, then rose by 26,200 shares. He employed PT Sinarmas Sekuritas to complete both transactions.
Foreign investors, on the other hand, dropped their holdings significantly. HSBC-Fund SVS A/C Chengdong Investment Corp-Self sold over 13 million shares of mining holding companyPT Bumi Resources Tbk (BUMI), while INV Management Pte Ltd sold 8.5 million shares of cybersecurity service providerPT ITSEC Asia Tbk (CYBR).
Additionally, Fintech Business Innovation LPS released 950 thousand shares of web portal and digital platform companyPT Venteny Fortuna International (VTNY), and CGS International Securities Singapore Pte Ltd released 1.36 million shares of gold exploration and trading companyPT Wilton Makmur Indonesia Tbk (SQMI).
The sale of 2.47 million shares of financial services companyPT Sinar Mas Multiartha Tbk (SMMA)by its controller, PT Sinar Mas Cakrawala, finallyconcluded themarket hints this time. (KD)
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