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Two Japanese investors purchase 32.44% of IFII shares

23 January 2020 14:01

JAKARTA - Two Japanese investors, SMB Kenzai Co Ltd. and Noda Corporation purchased 32.44% of PT Indonesia Fibreboard Industry Tbk (IFII) shares. SMB Kenzai Co Ltd. purchased 25%, while Noda Corporation purchased 7.44%.

As quoted from the company's disclosure, Heffy Hartono, Managing Director of PT Indonesia Fibreboard Indonesia Tbk (IFII) announced the transaction. 

Kenzai SMB Co., Ltd. purchased 2,353,000,000 of IFII shares at a price of Rp 185 per share, while Noda Corporation purchased 700,000,000 shares.

Previously, Heffy Hartono and PT Andrindo Intiperkasa (AI) sold 2,853,000,000 of IFII at a price of Rp 185 per share. (LK/AR)

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