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Tuesday, August 2, 2011

Gem Treasury Add Shares of PT Sumalindo Lestari Jaya Tbk

Gem Treasury Investments Ltd., a financial company based in China, adding to holdings of shares in PT Sumalindo Lestari Jaya Tbk to buy 58.61 million shares at a price of Rp146 per share.

Previous Gem Treasury owns shares of issuers with SULI coded shares amounted to 300,144,000 shares, but with the increase in the purchase of shares, the total holdings of Treasury Gem into 358,754,000 shares.

Director of PT Buana Ficomindo Registar, Daniel Rambung as manager of executive stock administration, said there is a change of data shareholder whose ownership of 5% or more per July 27, 2011 from Sumalindo Lestari.

"Details, Gem Treasury located at 20 Cross Street # 02-18 China Court previously had 300.14 million shares increased to 358.75 million shares," he said in the disclosure of information on the Indonesia Stock Exchange, this afternoon.

If it refers to the price of Rp146 per share, equivalent to a nominal purchase Rp8, 55 billion. The amount of paid-up capital of the issuer of this wood processing 2,472,044,622 shares per quarter I/2011. The transaction was realized on July 26, 2011.

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