Conglomerate Brother Hary Tanoesoedibjo Sells Repo 50.4 Million Shares Of Zebra Nusantara, Why?
Rudy Tanoesoedibjo. (Photo: Doc. Antara)

JAKARTA - Rudijanto Tanoesoedibjo or Rudy Tanoe sold his private repo shares in PT Zebra Nusantara Tbk (ZBRA). The younger brother of conglomerate Hary Tanoesoedibjo is the controlling shareholder of ZBRA's parent company.

In his letter to the Indonesia Stock Exchange (IDX) quoted on Monday, July 5, Rudy, who continued to increase his personal shareholding in ZBRA, finally sold his shares under a repurchase agreement (repo) mechanism.

For information, a repurchase agreement (repo) is a sale transaction of securities between two parties followed by an agreement whereby on a predetermined date a repurchase of the same securities at a certain agreed price will be carried out.

"In order to comply with the Financial Services Authority regulations regarding the disclosure of information to certain shareholders, I hereby convey the change in share ownership of PT Zebra Nusantara Tbk. on behalf of B Rudijanto Tanoesoedibjo," he said.

Meanwhile, Rudy sold the shares which he would later buy back to PT Maybank Kim Eng Sekuritas for a total of 50,482,000 shares. Thus, his previous ownership of 52,575,700 shares or the equivalent of 6.14 percent of the number of shares changed to only 2,093,700 or 0.25 percent.

In a previous official statement on a press release on Friday, June 25, Rudy Tanoe personally owns 14,452,200 ZBRA Series B shares. However, seeing the optimism of the stock market towards the company's business, Rudy Tanoe finally added 39,334,000 shares.

This share addition transaction was carried out for two consecutive days on Thursday 17 June 2021 and Friday 18 June 2021. Of this total number, Rudy Tanoe personally owns 52,575,700 series B shares in PT Zebra Nusantara.

As a result, through the addition of shares, the average or average purchase price of Rudy Tanoe's shares is in the range of Rp. 1,053 per share, with a transaction value of Rp. 41.41 billion.


The English, Chinese, Japanese, Arabic, and French versions are automatically generated by the AI. So there may still be inaccuracies in translating, please always see Indonesian as our main language. (system supported by DigitalSiber.id)