Major Investors Entering Astrindo (BIPI) Alongside Bakrie Capital

Bisnis.com, JAKARTA - Alongside the entry of Bakrie Capital Indonesia into PT Astrindo Nusantara Infrastruktur Tbk. (BIPI), several major investors have also increased their stakes in the company. To date, BIPI shares, priced at Rp214 per share (Wednesday, 25/3), have recorded a 132.61% rise since the beginning of the year (year to date/YtD). So, what makes BIPI shares attractive? As known, BIPI shares have regained momentum after the Bakrie family-owned venture company, Bakrie Capital Indonesia, announced the purchase of 3.82 billion shares of the company.