KONTAN.CO.ID - PT Rajawali Corpora through PT Hijau Makmur Sejahtera has sold its 21 percent stake in PT Nusantara Infrastructure (META), equivalent to 3.2 billion shares, to PT Matahari Kapital Indonesia (MKI). The share sale was held last Friday, at Rp 270 per share or equivalent to Rp 864 billion (US$6.4 million) in total. After the transaction, Rajawali still owns 22 percent stake in META, through Eagle Infrastructure. Satrio Tjai, the Rajawali Group managing director said the decision to sell the shares was based on a consideration that the group had always been a minority shareholder in META. The group would always look for future opportunities to invest again in the infrastructure sector.
Rajawali sells stake in Nusantara Infrastructure
KONTAN.CO.ID - PT Rajawali Corpora through PT Hijau Makmur Sejahtera has sold its 21 percent stake in PT Nusantara Infrastructure (META), equivalent to 3.2 billion shares, to PT Matahari Kapital Indonesia (MKI). The share sale was held last Friday, at Rp 270 per share or equivalent to Rp 864 billion (US$6.4 million) in total. After the transaction, Rajawali still owns 22 percent stake in META, through Eagle Infrastructure. Satrio Tjai, the Rajawali Group managing director said the decision to sell the shares was based on a consideration that the group had always been a minority shareholder in META. The group would always look for future opportunities to invest again in the infrastructure sector.