JAKARTA: Asiariver Advisors Pte Ltd will buy 20% of shares of PT Duta Graha Indah Tbk, a construction company, Investor Daily reported, citing anonymous source.
The shares are expectedly priced at IDR120-IDR150 a share, lower than previous negotiation at IDR180-IDR200 per share.
Duta Graha Corporate Secretary Johan Halim confirmed that the company has already met with Asiariver, yet refused to detail out the price.
Previously, two shareholders of Duta Graha, namely PT Lokasindo Aditama and PT Rezeki Segitiga Mas, have decided to sell their ownership.
Currently, Duta Graha is owned by PT PT Lintas Kebayoran Kota (33.03%), PT Lokasindo Aditama (22.35%), PT Rezeki Segitiga Emas (9.02%), President Director Dudung Purwadi (2.71%), Director Ongky Abdulrahman (0.09%), Director Sutiono Teguh (0.09%), and public (32.71%). (NOM
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Source: http://www.bisnis.com/corporate/26053-asiariver-eyes-10-stake-in-duta-graha
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