Home » Business » “Singapore’s Anderson Investments Eyes PT Mega Manunggal Property Tbk: Market News”

“Singapore’s Anderson Investments Eyes PT Mega Manunggal Property Tbk: Market News”


Romys BinekasriCNBC Indonesia

Market

Tuesday, 02/05/2023 20:10 WIB



Jakarta, CNBC Indonesia Investors from Singapore, namely Anderson Investments Pte., are eyeing PT Mega Manunggal Property Tbk (MMLP). Ltd. who bought 945,957,428 shares of MMLP.

Anderson Investments Pte. Ltd (Anderson) itself is an entity that is indirectly wholly owned by Temasek Holdings (Private) Limited from Singapore.

Quoting the information disclosure from the Indonesia Stock Exchange (IDX), the purchase transaction was made by Anderson Investments on April 27, 2023 when the MMLP share price was priced at IDR 461 per share.


So, currently Anderson Investments holds 13.73% of MMLP’s share portion.

The purpose of the transaction is to use exchangeable bonds issued by West Bridge Developments Limited with direct ownership status.

MMLP shares at the close of trading on 2 May 2023 fell 1.23% or 6 points to a level of IDR 480 per share with a market capitalization of IDR 3.31 trillion.


(rob/ayh)


2023-05-02 13:10:07
#Singapore #Investors #Wholesale #Shares #Issuer

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.