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Sumitomo Mitsui Banking now owns 91% of Bank BTPN after acquiring 2.29 billion shares

14 Mar 2024 20:35

On Friday, March 8, over 2.29 billion shares of PT Bank BTPN Tbk (BTPN) were annexed by Sumitomo Mitsui Banking Corporation - Equity, the bank's majority shareholder. SMBC had previously owned about 88.52% of BTPN shares, but after this most recent transaction, its ownership has increased to 91.06%. PT Bank HSBC Indonesia was chosen to facilitate the purchase. In addition, Low Tuck Kwong, the controlling shareholder of PT Bayan Resources Tbk (BYAN), acquired 173.02 million BYAN shares. The ownership of this individual investor increased as well, going from 61.61% to 62.12%.

Sumitomo Mitsui Banking now owns 91% of Bank BTPN after acquiring 2.29 billion shares

Buana Lintas Lautan (BULL) receives new investments from KB Valbury Sekuritas

01 Feb 2024 11:57

PT Buana Lintas Lautan Tbk (BULL), which provides local and international shipping services, welcomed new investors again on Monday, January 29. PT KB Valbury Sekuritas has purchased 810 million new BULL shares, acquiring 5.74% of the company's stock. PT Artalindo Semesta Nusantara followed with the purchase of 16.99 million shares of PT Yelooo Integra Datanet (YELO), a communications equipment trade and leasing company.

Buana Lintas Lautan (BULL) receives new investments from KB Valbury Sekuritas