Jakarta, CNBC Indonesia – The share price of PT Mahaka Radio Integra Tbk (MARI) has continued to soar lately. Investigating, it turns out that there is a strong sentiment that makes the stock price soar, namely new investors.
In today’s trading, Monday (26/7), data from the Indonesia Stock Exchange (IDX) noted that MARI’s shares managed to appreciate 8.21% to a price level of Rp 448/unit and became the highest closing level in MARI’s history. In the last week, MARI has shot up 30%.
The data also noted that the stock transaction of a subsidiary of PT Mahaka Media Tbk (ABBA) was also quite busy at Rp 179 billion with a market capitalization of Rp 2.35 trillion.
Foreign investors bought up MARI’s shares amounting to Rp 870 million in the regular market. Even during the last week, foreigners have entered Rp 53 billion.
The increase in shares of the issuer established by the Minister of SOEs, Erick Thohir, occurred in the middle of the MARI General Meeting of Shareholders (GMS) which was held today at 2:00 WIB, at the Aloft Hotel Jakarta.
In addition to the recent GMS, it turns out that MARI has a new shareholder, namely PT Asuransi Jiwa Generali Indonesia.
Data on shareholders above 5% released by the Indonesian Central Securities Depository (KSEI) shows that as of July 13, 2021, Generali Insurance holds 5.05% of MARI’s shares.
Previously, on July 12, 2021, Generali Insurance did not hold 5% of MARI’s shares.
Currently, Generali Insurance holds 314 million shares in MARI or equivalent to 5.98%, which means that the Italian insurance company has added its share ownership in MARI since July 13. It’s just that it has not been revealed how much the investment value will be.
MARI manages a number of radios, including PT Radio Attahiriyah, PT Suara Irama Indah, PT Radio Camar, PT Radio Mustang Utama, PT Radio Ramako Djaja Raya, and PT Mahaka Radio Digital.
CNBC INDONESIA RESEARCH TEAM
(trp/trp)
– .
