Black Diamond Resources Controlling Shareholder Sells 70.07 Million Shares
Executive Summary
Key insights and market outlook
Sujaka Lays, the controlling shareholder of PT Black Diamond Resources Tbk (COAL), has sold 70.07 million shares worth Rp 6.37 billion through a divestment transaction on December 30, 2025. The sale was made at Rp 91 per share. This significant transaction reduces Sujaka's ownership stake in the coal mining company.
Deep Dive Analysis
Black Diamond Resources Controlling Shareholder Divests Significant Stake
Details of the Transaction
Sujaka Lays, the controlling shareholder of PT Black Diamond Resources Tbk (COAL), has divested 70.07 million shares in the company, valued at Rp 6.37 billion. The transaction was executed on December 30, 2025, at a price of Rp 91 per share. This sale represents a significant reduction in Sujaka's ownership stake in the coal mining company.
Market Implications
The divestment has potential implications for the company's stock dynamics and investor perception. The sale of such a large block of shares could impact market liquidity and potentially influence the stock price in the short term.
Company Background
PT Black Diamond Resources Tbk operates in the coal mining sector, a significant industry in Indonesia's energy landscape. The company's stock is listed on the Indonesia Stock Exchange, making such transactions subject to public disclosure requirements.
Source References
Story Info
Topics Covered
Key Events
Significant Share Sale
Controlling Stake Reduction