Nov 15, 2010

Tuck Kwong buys 1.46 mio shares BYAN

Dato Low Tuck Kwong, controling shareholder in coal miner PT Bayan Resources Tbk (BYAN), has made a purchase of 1.46 million shares at Rp12,264/share.
In the public statement filed to Indonesia Stock Exchange (IDX) today, Tuck Kwong has spent Rp17.91 billion for the stocks purchase.
He bought Bayan shares during the period of November 4 2010 to November 11 2010 with investment purpose. Post shares purchase, Tuck Kwong controls 51.66% stake in Bayan Resources.

Disclosure: No position at the stock mentioned above.

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