INKP - PT. Indah Kiat Pulp & Paper Tbk

Rp 8.975

-675 (-7,00%)

JAKARTA - To boost the liquidity of PT Sekar Laut Tbk (SKLT) shares on the stock market, this ready-to-eat crackers and spices manufacturer conducted a stock split with a ratio of 1:10 at the beginning of December. As a result of this corporate action, the number of SKLT shares on the market increased tenfold to 6.90 billion, with a nominal value of IDR 10 per share. Additionally, all investors in this issuer saw their share volume change significantly on Thursday, December 7. Green Resources Investments Pte Ltd. now holds 2.96 billion SKLT shares, followed by PT Alamiah Sari, which owns around 1.80 billion shares. Sekar Laut's shareholding in its own company has also increased to 683.98 million shares, with the same percentage of 9,90%.

Moreover, PT Arthakencana Rayatama bought 5.14 million shares in the fuel distributor firm PT AKR Corporindo Tbk (AKRA), giving it a final ownership percentage of 11.81%. Magnus Jaya, an individual investor, then purchased 535,200 shares of PT Metropolitan Land Tbk (MTLA) in the property industry.

PT Purinusa Ekapersada then sold the most shares this time, around 230.28 million, of the paper manufacturer PT Indah Kiat Pulp & Papers Tbk (INKP). Following that, GOTO Peopleverse Fund sold 24.05 million shares of the digital company PT GoTo Gojek Tokopedia Tbk (GOTO), while Prinsep Management Limited sold 11.15 million shares of palm oil producer PT FAP Agri Tbk (FAPA). PT Prambanan Investasi Sukses was also seen selling 7 million shares of PT Era Media Sejahtera Tbk (DOOH), an advertising services provider. Finally, PT Aneka released another 969,000 shares of PT Transkon Jaya Tbk (TRJA), a construction and mining vehicle rental service company. (KD)

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