IDXChannel – PT Gudang Garam tbk (GGRM) make sure there are no plans to do merger with foreign companies, namely Japan Tobacco. This is in response to a letter requesting an explanation submitted by the Indonesia Stock Exchange through letter Number: S-04610/BEO.PP3/07/2021.
Quoted from the information disclosure of the Indonesia Stock Exchange, Wednesday (7/7/2021), GGRM said that so far there has been no discussion about a merger plan. Where in a report it was stated that GGRM was being shaken by the news acquisition with a Japanese tobacco company.
“We hereby inform you that as of the date of this explanation letter, there have been no discussions regarding Mergers and Acquisitions (M&A) between the Company and Japan Tobacco (JT) or other foreign companies,” reads the GGRM clarification letter signed by the Corporate Secretary, Heru Budiman.
With this explanation, GGRM ensures that the news does not cause material and legal harm.
At the close of the first trading session this afternoon, the performance of GGRM shares weakened to the level of 41,275. The stock fell 150 points, or 0.35%.
Currently, the majority of GGRM’s shares are still controlled by PT Suryaduta Investama with ownership of 1,333,146,800 shares worth Rp666,574,000,000. Followed by shares controlled by the public, each of which has shares below 5% of 457,551,570 shares with a value of Rp228,776,000,000.
Then sequentially, GGRM shares are also held by PT Suryamitra Kusuma as many as 120,442,700 shares worth Rp60,221,000,000; Lucas Mulia Suhardja as many as 5,600 shares worth Rp3,000,000; Mrs. Juni Setiawati Wonowidjojo as many as 11,231,645 shares worth Rp5,616,000,000; and Susilo Wonowidjojo as many as 1,709,685 shares worth Rp854,000,000. (TYO)
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