JAKARTA – Digital Edge (DE) Hong Kong takes over 47% of PT Indointernet Tbk’s (EDGE) stock portion worth IDR 1.99 trillion after purchasing 189,903,500 shares for IDR 10,495 each. Donauly E Situmorang, the Corporate Secretary of EDGE, announces this action in the information disclosure, quoted Tuesday (15/6).
It is mentioned that DE’s stock ownership increases to 59.1% or equal to 238,793,500 units after the said transaction took place. “DE’s control over EDGE aims to develop a digital and an integrated infrastructure platform consisting of the centre of the whole Asia-Pacific,” Situmorang explains.
According to Situmorang, DE has no affiliations with Otto Toto Sugiri, the previous stock controller of EDGE.
Last weekend (11/6), Otto Toto Sugiri divested 22.33% of his shares or 90,221,900 shares for IDR 10,495 per unit. After the said corporate action, Sugiri’s ownership is reduced to 16.56% from 38.89%. Han Arming Hanafia, another stakeholder of EDGE also divested 10.04% of the shares or 40,586,000 units for the same price, diminishing his portion to 7.45% from 17.49%. Bing Moniaga sold 8.7% of his shares or 35,119,400 units for the same price, leaving him with 6.44% ownership from 15.14%.
As of June 14, 2021, EDGE’s total stock amounts to 404,050,000 units, of which 7.89% are dispersed among the public (less than 5% each).
DE Hong Kong is well known as a leading corporation within several fields, including data centre, information technology, cloud, real estate, and network infrastructure. (LK/ZH)