Chengdong Investment Corporation Completes Major Divestment in BUMI

Significant Share Sale

Chengdong Investment Corporation has divested 3.71 billion shares of PT Bumi Resources Tbk (BUMI), one of Indonesia's prominent coal mining companies. The transaction, which took place between December 1 and December 22, 2025, generated approximately Rp 1.03 trillion in proceeds. The share prices during this period ranged between Rp 238 and Rp 388 per share.

Ownership Structure Changes

Following this significant divestment, Chengdong Investment Corporation's ownership stake in BUMI decreased from 6.99% (25.98 billion shares) to 5.99% (22.27 billion shares). The divestment was made through a series of transactions on the Indonesia Stock Exchange.

Market Implications

This large-scale divestment by a significant foreign investor may have various implications for BUMI's stock performance and market perception. The transaction demonstrates continued foreign investor activity in Indonesia's major commodities sector.

Financial Impact

The Rp 1.03 trillion generated from this divestment represents a significant financial maneuver in the coal mining sector. This transaction highlights the ongoing portfolio adjustments among major investors in Indonesia's energy sector.