PT Saratoga Owned By Conglomerates Edwin Soeryadjaya And Sandiaga Uno Adds Share Ownership In PT Aneka Gas Industri

Conglomerate Edwin Soeryadjaya together with Sandiaga Uno. (Photo: Instagram @sandiuno)

JAKARTA - PT Saratoga Investama Sedaya Tbk (STRG) continues to increase its share ownership in PT Aneka Gas Industri Tbk (AGII). On Thursday, November 18, the Indonesian Central Securities Depository (KSEI) noted that there was an addition of 1,178,000 AGII shares by the company owned by conglomerates Edwin Soeryadjaya and Sandiaga Uno.

The purchase of AGII shares by Saratoga was discovered through broker PT Verdhana Sekuritas Indonesia. As a result, Saratoga, which is an investment company, now has 280,124,140 shares or 9.13 percent of AGII's share ownership.

For information, AGII's largest shareholder until October 31, 2021, is still occupied by PT Samator. Samator owns 1,243,226,000 shares of AGII or the equivalent of 40.54 percent of the total issued and fully paid capital.

The second-largest shareholder of AGII is PT Aneka Mega Energi. This company holds 766,665,000 shares of AGII or the equivalent of 25 percent.

For the record, AGII recorded a satisfactory performance in the first quarter of 2021. This can be seen from the success of AGII in posting a 484 percent jump in net profit year on year (YoY) to IDR 172.52 billion on September 30, 2021.

The surge in net profit was inseparable from AGII's sales, which rose 31.6 percent YoY to IDR 2.07 trillion from the previous IDR 1.57 trillion.