14 Jul 2022 06:05 (1 tahun 4 bulan lalu) -
JAKARTA. The ownership percentage of PT Dian Swastatika Sentosa Tbk (DSSA) in PT Smartfren Telecom Tbk (FREN) has increased following the conversion of its mandatory convertible bonds. Susan Chandra, Corporate Secretary of Dian Swastatika Sentosa, explained that the converted bonds had been recorded in Indonesia Stock Exchange on July 11, 2022. “With this conversion, EMU’s and our portions in Smartfren has risen to 23%,” she added in the information disclosure. For context, EMU is PT DSSE Energi Mas Utama, one of DSSA’s subsidiaries that is engaged in the investment business. Until March 31, 2022, EMU reportedly owned 2.6% of FREN, while DS ...