RELI - PT. Reliance Sekuritas Indonesia Tbk

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JAKARTA – PT Reliance Sekuritas Indonesia Tbk (RELI) concludes the acquisition of 99% of the shares of PT Reliance Capital Management (RCM) in PT Reliance Manajer Investasi (RMI).

Nurwati Tunggal, Corporate Secretary of Reliance Sekuritas Indonesia, confirmed that the shares transfer took place last week (16/11). “RELI agreed to acquire 24,750 shares from RCM for IDR 1 million each,” she revealed further in the information disclosure quoted Monday (21/11).

Then, the total value of the transaction reportedly reaches IDR 40 billion, which had been paid to RCM during the Shares Sale and Purchase Agreement signing. This corporate action had received approval from the Financial Services Authority (OJK) through the Letter No.2-973/PM.21/2022 dated November 15, 2022. (LK/ZH)