The IDX Questions Shares Of Conglomerate Hary Tanoesoedibjo's Shares Whose Prices Soared Drastically

Indonesia Stock Exchange Building. (Angga Nugraha/VOI)

JAKARTA - The Indonesia Stock Exchange (IDX) asked for an explanation on the volatility of securities transactions or shares of a company owned by conglomerate Hary Tanosoedibjo, PT MNC Investama Tbk (BHIT). The request is stated in the IDX letter that has been received by BHIT through IDXNet on August 1, 2022.

In the information disclosure of BHIT on the IDX website, quoted on Thursday, August 4, it was explained that the stock exchange letter stated that on July 28-29 2022 there had been an increase in BHIT's activity and share price.

For example, the average activity increased to 2.169.456.200 shares with a frequency of 20.965 times compared to the trading day on July 27, 2022, as many as 198.025.900 shares with a frequency of 1.806 times. In addition, the closing price increased cumulatively by IDR 9 or 15.25 percent from the closing price of the stock exchange on July 27, 2022, at IDR 59 to IDR 68.

Meanwhile, the JCI decreased by 5.69 points and the sectoral index (industrial) increased by 49.1 points. IDX asked whether BHIT has any plans to take corporate actions that will result in the listing of the company's shares on the Exchange in the near future, at least in the next three months?

In a response letter to the IDX, the director of BHIT explained that until now the company has no plans to take corporate actions in the near future. And, until now the company is not aware of any information or other material facts that may affect the value of the company's securities or the investment decisions of investors.

In more detail, the IDX asked whether the company was aware of the activities of certain shareholders as regulated in the Financial Services Authority Regulation Number 11/POJK.04/2017 concerning Ownership Reports or Any Changes in Share Ownership of Public Companies?

The Director of BHIT then replied, to the best of the company's knowledge in the period 28-29 July 2022, there was no activity from certain shareholders in accordance with the regulation in question.

Meanwhile, IDX also requested an explanation from the management of PT Global Mediacom (BMTR) regarding the recent volatility of the company's stock transactions.

This was revealed from a letter sent by BMTR to BEI. One of the things that the IDX asked was whether the company has plans to take corporate actions that will result in the listing of the company's shares on the Exchange in the near future?

BMTR Corporate Secretary Abuzzal Abusaeri replied that as of the date of the letter, namely on August 3, 2022, there is no corporate action plan that will result in the listing of the company's shares on the Exchange in the near future.

"The company is currently not aware of any material information or facts that can affect the value of the company's securities or the investment decisions of investors," Abuzzal explained in his letter.