Jul 6, 2011

Mukmin Gunawan sells JSPT to Nomura

PT Bank Pan Indonesia Tbk (PNBN), that is controlled Mukmin Ali Gunawan, has disposed 15.36% stake in PT Jakarta Setiabudi Internasional Tbk (JSPT) to Nomura Singapore Limited at Rp138 billion.
Jakarta Setiabudi Corporate Secretary Asfan Effendy, in an official statement, the bank sold 362.48 million shares at Rp380 per share. The shares purchase has been done in the negotiation market on June 23 2011.
PT Jan Darmadi Investindo owns 57% stake in Jakarta Setiabudi, UBS AG Singapore holds 12% stake, Noord-Amerikaanse Financierings Maatchappij B.V. Netherlands holds 9.5%, and public holds 5.2%. 

Disclosure: No position at the stock mentioned above.

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