Strengthening Control: PT Putrasakti Mandiri's Strategic Steps in the Stock Market

Jakarta – In the midst of a dynamic stock market, PT Putrasakti Mandiri, as one of the key players, has once again demonstrated its strategic acumen. The company which is the controlling shareholder in PT Puri Sentul Permai Tbk. (KDTN), has once again taken a bold step by increasing its share ownership. This step confirms the company's ambition and determination to strengthen its position in the business group it manages.

On August 13 2024, PT Putrasakti Mandiri recorded the purchase of 11,100 KDTN shares at an average price of IDR 123.23 per share. This is not the first time they have maneuvered in the capital market. Several days earlier, on August 5 and 6 2024, this company had purchased 745,300 KDTN shares at an average price of IDR 122.73 per share. The accumulation of these purchases is not without reason.

Wilson Ardian, Director of PT Putrasakti Mandiri, in his official statement emphasized that this step was part of the restructuring of share ownership in the business group. "The aim of this transaction is to restructure share ownership in the business group with direct share ownership," he said. This statement reflects how PT Putrasakti Mandiri seeks to strengthen its direct control over PT Puri

Sentul Permai, ensuring that control remains in the right hands.
After this latest purchase, PT Putrasakti Mandiri's share ownership in KDTN increased slightly to 478.18 million shares, which is equivalent to 38.254%. Even though there is only a small increase, from the previous 478.17 million shares or 38.25%, this step has a deeper meaning. This is not just about numbers, but about the symbolization of power and dominance in ownership structures.

However, despite this significant activity, KDTN shares remained stagnant at IDR 127 per share at the close of trading today. This indicates that the market may still be waiting for further developments before reacting.
With this step, PT Putrasakti Mandiri not only shows its consistency in maintaining control, but also sends a strong signal to the market and stakeholders about its commitment to long-term stability and growth. For investors and market players, this maneuver is a sign that PT Putrasakti Mandiri remains an entity to pay attention to in the dynamics of the Indonesian stock market.