Oct 27, 2010

Bhakti disposes Citra Marga

PT Bhakti Investama Tbk disposed 1.48 million of its shares in PT Citra Marga Nusaphala Persada Tbk (CMNP), which made its shares decreases 15.09%.
About 1.48 million shares equals with 0.07% from the paid-in capital of PT Citra Marga Nusaphala Persada Tbk, which made the company total ownership decreases 15.09%.
In the information disclosure submitted to Indonesia Stock Exchange (IDX) today, Director of Bhakti Investama Darma Putra said the 1.48 million shares were sold for portfolio adjustment.
Bhakti, sold its shares at Rp1,350 per share in 25 Oktober. On the same day, CMNP’s shares price in the market was closed at Rp1,490 per shares.
This afternoon, CMNP’s shares continued to sink and was at Rp1,430 from Rp1,450 in yesterday’s closing.

Disclosure: No position at the stock mentioned above.
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