Indonesian Political, Business & Finance News

Quietly, Someone Snaps Up Repo Shares of Bakrie Oil Issuer (ENRG)

| Source: CNBC Translated from Indonesian | Investment
Quietly, Someone Snaps Up Repo Shares of Bakrie Oil Issuer (ENRG)
Image: CNBC

Jakarta, CNBC Indonesia - Maybank Sekuritas Indonesia has increased its shareholding in PT Energi Mega Persada Tbk. (ENRG) through a repurchase agreement (repo) transaction. The addition of shares in the Bakrie Group oil and gas issuer was reported to the Financial Services Authority (OJK) on 14 April 2026. Based on the share ownership report, Maybank Sekuritas Indonesia raised its ENRG stake from the previous 1,833,591,000 shares or equivalent to 6.96% to 1,917,966,000 shares or approximately 7.28%. Thus, there was an addition of 84,375,000 shares in the transaction. The transaction was carried out on 13 April 2026 through a repurchase agreement (repo) scheme. The report also stated that the transaction was conducted indirectly through PT Dire Pratama Services for the purpose of disbursing repo facility funds. Maybank Sekuritas Indonesia stated that it is not a controller and this transaction is not related to company control. For information, a repo is a financing transaction with shares as collateral, often used by market participants to obtain short-term liquidity without having to permanently relinquish share ownership.

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