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Jakarta, CNBC Indonesia – The share prices of PT Indosat Tbk (ISAT) and PT Bank Bukopin Tbk (BBKP) suddenly skyrocketed today after Sri Mulyani said that state assets or ownership of shares in the two companies would be managed by the Minister of State-Owned Enterprises, Erick Thohir.
Observed at the close of the first trading session today, both stocks managed to skyrocket. Trading data recorded that BBKP managed to jump 7.43% to the price level of 376 IDR / unit.
Not wanting to be left behind, ISAT managed to shoot faster, that is, 17.23% at the price level of Rp. 3,130 / unit.
Data from the ownership reports of the two companies indicated that currently the Republic of Indonesia still owns 14.29% of the shares of ISAT even though the company is controlled by Ooredo Asia Pte. Ltd, which owns 65%. of ISAT as controller As of November 30, 2020,
Meanwhile, in Bukupin, the government still owns a million lots of BBKP shares or about 3.06%. For legal control, BBKP has moved from the Bosowa group to Kookmin Bank Co. Ltd as the new controller that holds 67% of BBKP shares.
With the transfer of state assets to the Ministry of BUMN, it is expected that the state can be more active in the company even though it is not the controlling shareholder, so it is expected to have a positive impact on both issuers.
CNBC INDONESIA INVESTIGATION TEAM
[Gambas:Video CNBC]
(trp / trp)
