Bintang Mitra sells Ristia's stake for IDR1.37 billion

JAKARTA: PT Bintang Mitra Semestaraya Tbk, a property and real estate company, sold its stake in PT Ristia Bintang Tbk Mahkotasejati for IDR1.37 billion.In the information disclosure submitted to the Indonesia Stock Exchange (IDX) today, the company
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News Editor - Bisnis.com 21 Desember 2010  |  12:14 WIB

JAKARTA: PT Bintang Mitra Semestaraya Tbk, a property and real estate company, sold its stake in PT Ristia Bintang Tbk Mahkotasejati for IDR1.37 billion.In the information disclosure submitted to the Indonesia Stock Exchange (IDX) today, the company confirmed the sales of 16.33 million shares in its subsidiary at IDR84 per share."The company sells the stake to those interested in investing [in Ristia Bintang]," said President Director of Bintang Semestaraya Robinson in the disclosure.Based on Ristia Mahkotasejatis financial statement in third quarter of 2010, the company's shareholders consist of Aussie Properties Ltd (40.25%), Bintang Semestaraya (24.18%), President Commissioner Richard Rachmadi Wiriahardja (0.61%), Commissioner Maria Florentina Tulolo (0.61%), and public (34.35%).However, in the company profile published on the IDXs official site, Bintang Semestaraya still owns 144 million shares in Ristia Bintang or equal to 44.07%.Both listed companies have the same president commissioner, i.e. Richard Wiriahardja. According to the company profile, Ristia Mahkotasejati is listed at the stock market in 1997, while Bintang Semestaraya went public in 1999.(T03/NOM)

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Editor : Muhammad Fariz Aulia

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