Protelindo boosts its portion in SUPR to 99.96%

19 January 2022 07:16

JAKARTA – PT Profesional Telekomunkasi Indonesia (Protelindo), a subsidiary of PT Sarana Menara Nusantara Tbk (TOWR), adds another 5.93% to its ownership, now reaching 99.96%, in PT Solusi Tunas Pratama Tbk (SUPR), a telecommunication tower provider.

In the information disclosure quoted Wednesday (19/1), Protelindo is said to purchase 67,478,878 shares for IDR 15,640 each, IDR 1.05 trillion in total, last week (11/1). Protelindo’s total shares in SUPR now increase to 1,137,093,554 shares from 1,069,614,676 shares or 94.03%.

Protelindo is known as the new controlling shareholder of SUPR after acquiring 94.03% of SUPR’s shares for IDR 16.72 trillion on September 4, 2021. Prior to this, Protelindo and SUPR are non-affiliates. (LK/ZH)

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