Jakarta, CNBC Indonesia – A total of 4 jumbo transactions occurred again at PT Bank Jago Tbk (ARTO) following the GoPay rumors, the fintech wing of Gojek has officially entered this bank.
Trade data recorded that ahead of the closing of the second trading session, Friday (18/12/2020), there were jumbo transactions in the negotiation market, namely the sale of foreign investors using brokers PT Indo Capital Sekuritas (IU), PT UOB Kay Hian Sekuritas (AI), and PT. UBS Sekuritas (AK) and its buyers are domestic investors who use the broker PT Trimegah Sekuritas (LG).
The number of transactions in the negotiable market is massive, namely as many as 19.56 million ARTO lots worth IDR 2.25 trillion. This transaction alone amounted to 18.01% of the total outstanding ARTO shares.
This transaction itself emerged after early last week on Monday (14/12/20) there were also jumbo transactions in the negotiation market, namely crossing transactions by the same broker, PT Trimegah Sekuritas (LG) with a total transaction of 4.49 million ARTO lots worth Rp. 524 billion. This transaction alone amounted to 4.13% of the total outstanding ARTO shares.
If this transaction is carried out by the same investor, then the investor has held 22.14% stake in Bank Jago this afternoon.
Rumors are circulating among market players themselves that PT Karya Anak Bangsa alias Gojek entered through the negotiation market. However, it is not yet known whether the transaction will be carried out by Gojek or Gopay, Gojek’s business wing in digital wallets and financial services.
With today’s trade transactions, according to rumors circulating among market players, Gojek or Gopay ownership in ARTO has reached 22.14% and in the near future Gojek and ARTO will hold a press conference to issue information disclosure due to Gojek or Gopay ownership. at ARTO it is above 5% so it is obligatory for regulators to report their share ownership.
However, there are still rumors circulating among capital market players, Gojek or Gopay will continue to enter Bank Arto until ownership is over 20%.
In that month the shares of suspicious shareholders who owned more than 5% shares in ARTO such as Jetway Wealth Management Limited, Lion Glory Pte Ltd, Qilora Investments (Cayman) Ltd, Akta Asset Limited, and Ephesus United Corp disappeared from the monthly shareholder registration report. which means that these companies no longer hold 5% of ARTO shares.
The five companies in Southeasti are shell companies, aka Special Purpose Vehicle (SPV). Market players themselves assume the loss of the five companies from the shareholder list because these shares are split into other shell companies through the negotiation transaction so that their ownership is below 5%, reportedly the ultimate owner of this shell company is Gojek who is ready to participate in the next January HMETD.
ARTO plans to carry out a right issue in January and is ready to issue up to 3 billion new shares with a nominal value of Rp 100 / unit with the end date of shares entitled to obtain Pre-emptive Rights (HMETD) scheduled for January 22, 2021.
Right issue price scenario if the core capital target that ARTO wants to collect is IDR 2 trillion to comply with OJK Regulation Number 12 / POJK.03 / 2020 concerning the Consolidation of Commercial Banks for 2021 only then the Right Issue will likely be implemented at a price of around IDR 260 / unit with a comparison of 3 old shares, you get the right to buy 1 new share.
Meanwhile, if the core capital to be raised is IDR 3 trillion to fully comply with the core capital requirements, then the exercise price is likely to be in the range of IDR 593 / unit with a ratio of 3 old shares having the right to buy 1 new share.
(drums / drums)
– .
