JAKARTA - The controlling shareholder and President Director of PT Bayan Resources Tbk (BYAN), the conglomerate Dato Low Tuck Kwong has again increased its share ownership in the company.
In Bayan Resources' information disclosure on the Indonesia Stock Exchange (IDX) website, quoted on Wednesday 17 November, Dato Low Tuck Kwong bought 111,400 BYAN shares on 10-15 November 2021.
The purchase price of BYAN's shares is IDR 25,883.01 per share. The purchase value of BYAN's shares reached IDR 2.88 billion.
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"The purpose of the investment transaction, direct ownership status", wrote Bayan Resources management.
With this purchase of Bayan Resources shares, Low Tuck Kwong owns 1,838,817,030 shares or 55.16 percent. Previously he held 1,838,705,630 shares.
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