Denying Shares In Beer Companies Increase, DKI Pemprov: Where's The Money?

Illustration (Photo: Unsplash)

JAKARTA - The Provincial Government of DKI Jakarta has firmly denied the data from the Indonesia Stock Exchange (BEI) which states that there is an additional stake in PT Delta Djakarta Tbk, a producer of Anker brand beer. The increase in shares is in line with the emergence of the Alcoholic Beverages Bill.

This rebuttal was conveyed by the Secretary of the DKI Regional Owned Enterprise Development Agency (BP BUMD), Riyadi. According to him, his party never added beer shares.

"It's not true. It's wrong. I don't know where it came from. What is clear, it's not true," Riyadi said when confirmed, Friday, November 13.

According to him, it is impossible for the DKI Pemprov to buy the company's shares. This is because the DKI Jakarta Regional Budget has contracted and adjustments must be made for handling COVID-19.

"It's impossible for us to add money from where the APBD has contracted. You are following the development of the APBD discussion, right? Our APBD has decreased, how can we buy shares," said Riyadi.

In fact, Riyadi said, Anies plans to sell the remaining shares of the DKI Provincial Government to the beer company. "We want to sell the shares instead. It is impossible to add to the classification. Just go to IDX (BEI)," he concluded.

Meanwhile, the Indonesia Stock Exchange (IDX) recorded that the share ownership of the DKI Jakarta Provincial Government in PT Delta Djakarta Tbk, an increase in the Anker brand beer producer.

Based on IDX disclosure, Delta Djakarta informed that initially PT Delta's shares were owned by the beer maker Dan Miguel Malaysia Pte. Ltd. Then, the remaining 26.25 percent of shares are owned by the DKI Provincial Government and 15 percent are owned by the public.

Based on changes in last month's data, the DKI Provincial Government has increased the ownership of 265,850,450 San Miguel shares or 32.08 percent of the company's total shares, so that the accumulated shares of DLTA owned by the DKI Provincial Government is 58.33 percent.

That way, the IDX recorded that the largest shareholder at the end of October was the DKI Jakarta Provincial Government with a share composition of 58.33. Then, San Miguel becomes 26.25 percent, and the public remains 15.41 percent.