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Director of PT Eagle High Plantations Tbk. (BWPT) Multiplied Stock Ownership

Doc. InfoSAWIT
Director of PT Eagle High Plantations Tbk. (BWPT) Multiplied Stock Ownership

InfoSAWIT, JAKARTA - Henderi Djunaidi, the Director of PT Eagle High Plantations Tbk. (BWPT), a palm oil plantation company and industry that joins in Rajawali Group, multiplied his stock ownership on Wednesday 24 January 2024.

As quoted from open information at Bursa Efek Indonesia (BEI) on Friday, 26 January 2024, Henderi purchased 677.500 stocks of BWPT within Rp 52 per stock. The transaction got fund about Rp 35,23 million.

According to the data from RTI Business, the stock of BWPT in purchase period decreased 1,92 percent to be Rp 51 per stock. Corporate Secretary BWPT, Andrew Haryono, Thursday, 25 January 2024, told the goal of the transaction would be for investment within direct stock ownership.

By the purchasing transaction, Henderi Djunaidi now got 4 million stocks at BWPT or equal to 0,013 percent of stock ownership. The numbers escalated than the previous ones that reached 3,32 million stocks or 0,011 percent.

It means as an investment strategy that shows a trust in the company’s performance and progress. This would reflect not only the management support but also the positive signal for investors and potential investors.

Though the stocks got decreasing in the transaction period, what Henderi decided to multiply stock ownership would be the consideration for the long term – project in the company. (T2)