Has Strengthened 500 Percent This Month, Stocks Of Companies Owned By Big Brother Of The Conglomerate Hary Tanoesoedibjo Are Watched By The Exchange

Rudy Tanoesoedibjo. (Photo: Doc. Indosat)

JAKARTA - The Indonesia Stock Exchange (IDX) is monitoring the shares of PT Zebra Nusantara Tbk. The reason is, the stock price of the company coded ZBRA is moving out of the ordinary, aka unusual market activity (UMA).

Quoted from the IDX announcement, Friday, March 26, it was stated that the shares of the company, which is now owned by the brother of conglomerate Hary Tanoesoedibjo, Rudy Tanoe, were included on the IDX 'radar' from March 22 to March 24 because the share price skyrocketed significantly.

The most recent information regarding ZBRA is the information published on March 18, 2021 regarding the share ownership report. For information, the Exchange previously announced a temporary suspension of trading on ZBRA shares in the Regular and Cash Market on December 22, 2020 in the context of cooling down and UMA on December 16, 2020.

The IDX asks investors to pay attention to the issuer's answer to the Exchange's request for confirmation and to pay close attention to the issuer's performance and information disclosure.

The IDX also asks investors to review the corporate action plans of listed companies if the plans have not been approved by the GMS and consider various possibilities that may arise in the future before making investment decisions.

ZBRA shares closed minus 3.45 percent at the level of IDR 392 per share on Thursday March 26 trading. This week the stock flew 117 percent and a month it has skyrocketed 553 percent.

The rise in ZBRA's shares was allegedly due to the positive sentiment of the entry of a new controller, namely Bambang Rudijanto Tanoesoedibjo alias Rudy Tanoe through his pharmaceutical export-import company PT Trinity Healthcare (THC). Rudy Tanoe officially becomes the controlling shareholder of ZBRA with a portion of 51 percent.

This company signed a Conditional Sale and Purchase of Shares Agreement (PPJB) with PT Infiniti Wahana (IW). IW is the controlling shareholder in ZBRA, holding 665,186,134 shares of ZBRA, consisting of 3,400 Series A shares with a nominal value of Rp 500 per share and 665,182,734 Series B shares with a nominal value of Rp 100 per share or a total of 77.70 percent of the total. issued and fully paid shares in ZBRA.

The PPJB agreement was signed on February 26, 2021. Based on the PPJB, Infiniti and THC agreed to buy and sell shares of 436,627,835 Series B shares or 51 percent of the total issued and fully paid shares in ZBRA (shares sold) at a price of IDR 56. /stock. This value is equivalent to IDR 24.45 billion.

Most recently, on Tuesday 23 March, Rudy Tanoe again increased his share of shares in Zebra Nusantara after this stock continued to soar. Based on a letter to the Financial Services Authority (OJK), Rudy said that he had bought 14.45 million ZBRA shares or 14,452,200 shares.

The shares were purchased at a selling price of Rp. 362. The transaction for this share purchase was valued at Rp. 5.23 billion. Thus, Rudy Tanoe's total share ownership in ZBRA becomes 15.48 million or 15,482,300 shares or equivalent to 1.82 percent of the total number of ZBRA shares.