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Anderson divests 0.83% of Matahari

20 January 2022 05:53

JAKARTA. Anderson Investment Pte Ltd sold off 0.83% of its shares in PT Matahari Putra Prima Tbk (MPPA), leaving its ownership percentage over this retail company to drop to 11.88%.

The sales of 69,830,600 shares were executed in several transactions spanning from January 5 to 14, 2022. The total divestment earned the company IDR 23.91 billion. Furthermore, Anderson Investment’s portion in MPPA depletes to 11.88% from the initial 12.71% with this divestment.

“The transaction is intended to divest the directly owned shares,” Danny Kojongian, Corporate Secretary of Matahari Putra Prima, confirmed in the information disclosure yesterday (19/1). (AM/ZH)

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