Dec 7, 2010

Fidelity keeps buying Tower Bersama

One of the world's largest fund Fidelity International has disclosed several purchases on telecommunication tower operator PT Tower Bersama Infrastructure Tbk (TBIG).
In an official statement filed to Indonesia Stock Exchange dated on December 1, As of November 30, Fidelity has held 6.40% holding or 291.66 million shares of Tower Bersama total capital of 4.56 billion shares.
The increase in holdings was achieved by means of several transactions from November 24 to November 30 2010 at the price of US$0.30 per share.

Disclosure: No position at the stock mentioned above.  

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