Richard Wiriahardja lifts stake in Ristia Bintang to 20.36%

JAKARTA: Richard Rachmadi Wiriahardja, Chairman of PT Ristia Bintang Mahkotasejati Tbk, a developer company, has upsized his ownership in the company to 20.36% stake from 0.61%.The company said Wiriahardja spent IDR5.99 billion to buy 66.52 million of
Wandrik Panca Adiguna
Wandrik Panca Adiguna - Bisnis.com 27 Mei 2011  |  08:06 WIB

JAKARTA: Richard Rachmadi Wiriahardja, Chairman of PT Ristia Bintang Mahkotasejati Tbk, a developer company, has upsized his ownership in the company to 20.36% stake from 0.61%.The company said Wiriahardja spent IDR5.99 billion to buy 66.52 million of Ristias shares from Aussie Properties Limited, a majority shareholder, an official disclosure published today, The transaction was on May 24, 2011 in the negotiation market. As of March 31, Aussie Properties owned 40.25%, PT Bintang Mitra Semestaraya Tbk (24.18%), Maria Florentina Tulolo who is a commissioner of the company held 0.61%, while the rest owned by the public.Ristia Bintang booked a 5.31% revenue increase in the first quarter 2011 to IDR3.60 billion from IDR3.42 billion in the same period last year.The company suffered losses of IDR13.88 billion over the first three month of the year. In the same period last year, the company posted IDR153.78 million.The RBMS-coded stock was unchanged at IDR93 at the Jakarta Stock Exchange as of 2.50 p.m. local time. (wiw)

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