Axiata Investments Reduces Stake in Link Net Through Massive Share Sale

Significant Share Disposal Transaction

Axiata Investments, the controlling shareholder of PT Link Net Tbk (LINK), has executed a substantial share sale transaction. The company disposed of 36.56 million shares of LINK, as revealed in the information disclosure filed on Friday, January 2, 2026. This transaction was facilitated by Maybank Sekuritas Indonesia, a reputable securities firm in the Indonesian market.

Pre and Post-Transaction Shareholding

Prior to this transaction, Axiata Investments held 2.02 billion shares of LINK, representing 70.66% of the total issued and paid-up capital. Following the sale, their shareholding decreased to approximately 1.98 billion shares, or 69.38% of the total shares. Despite the reduction, Axiata Investments maintains its position as the majority shareholder of LINK.

Transaction Details and Market Implications

While the exact transaction value and price per share remain undisclosed in the available information, the scale of the transaction is noteworthy. The sale of 36.56 million shares represents a significant divestment, though it doesn't alter the controlling stake held by Axiata Investments. The transaction's financial details and potential impact on LINK's stock performance will be closely monitored by investors and market analysts.

Market Context and Future Outlook

This share sale by Axiata Investments may be part of their portfolio management strategy or a response to market conditions. Investors will be watching for any further disclosures regarding the transaction's rationale and potential future divestments. The unchanged majority ownership suggests continued commitment to LINK's strategic direction while adjusting their investment exposure.