Oct 18, 2010

Prudent conveys MASA to Buana Capital

One of share holder of tire maker PT Multistrada Arah Sarana Tbk (MASA), Prudent Capital Limited, had transferred 13.47% stake in Multistrada from PT Trimegah Securities Tbk to PT Buana Capital.
A source familiar with the matter said Prudent Capital hasn't yet sold Multistrada stake to any parties. "It was just a shares transfer from Trimegah to Buana Capital," the source said.
Referring to the share holder data of Multistrada dated on October 11 2010, Prudent Capital now owns 0.01% stake in Multistrada. It means Prudent Capital had transferred the stake from Trimegah, previously put at Trimegah Securities to Buana Capital.

Disclosure: No position at the stock mentioned above.

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