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The price of Eagle High Plantations shares rose by 14% following consecutive purchases

10 September 2019 14:09

JAKARTA. The consecutive purchase of Eagle High Plantations Tbk (BPWT) shares, which was made by several parties including the company's commissioner, had raised its price by 14.88% in the period of 4-10 September.

Ali Abbas Badre Alam,  a commissioner at BPWT, was listed as a BPWT shareholder on 6 September 2019 when he purchased 26,693,200 shares in 5 transactions for Rp 126 to Rp 132 per share. 13,346,600 of them were bought at a price of Rp 131 per share.

Previously, the price of the shares was stagnant at the level of Rp 121 per share until 4 September. (AM/AR)

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