Jardine boosts ownership in Tunas Ridean
Jardine Cycle & Carriage Limited, a subsidiary of Jardine Matheson, has purchased 77.35 million shares of PT Tunas Ridean (TURI) Tbk, main dealer of BMW cars, at Rp1500/share.
Jardine Cycle & Carriage, controlling shareholder of Astra International (ASII), paid Rp116 billion or US$12.5 million for 4.5% shares of TURI. With the purchase, Jardine now controls 43.8% shares in TURI.
Today the stock closed at Rp1910, increased 0.53% from Wednesday. At that price, TURI has market capitalization of Rp3.28 trillion.
Jardine Cycle & Carriage, controlling shareholder of Astra International (ASII), paid Rp116 billion or US$12.5 million for 4.5% shares of TURI. With the purchase, Jardine now controls 43.8% shares in TURI.
Today the stock closed at Rp1910, increased 0.53% from Wednesday. At that price, TURI has market capitalization of Rp3.28 trillion.
Labels: ASTRA
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posted by yosef at 4:22 PM
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