Executive Summary

Key insights and market outlook

PT Bumi Resources Tbk (BUMI) announced that one of its shareholders, UBS AG, London, has sold its shares in the coal mining company. The transaction involved 289,629,900 shares sold at Rp 462 per share, resulting in UBS AG gaining Rp 133.8 billion. The sale was made to hedge against derivative trading activities.

Full Analysis

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Deep Dive Analysis

UBS AG Sells Bumi Resources Shares

Transaction Details

On January 6, 2026, UBS AG, London, sold 289,629,900 shares of PT Bumi Resources Tbk (BUMI) at a price of Rp 462 per share. This transaction resulted in UBS AG gaining Rp 133.8 billion. According to the company's disclosure to the Indonesia Stock Exchange (BEI), the sale was made to hedge against derivative trading activities.

Background

PT Bumi Resources Tbk (BUMI) is a coal mining company owned by the Bakrie Group. The company has been facing challenges in recent years due to declining coal prices and increasing competition in the industry. The sale of shares by UBS AG may indicate a lack of confidence in the company's future prospects.

Impact

The transaction is expected to have a significant impact on the stock price of BUMI. The sale of a large number of shares by a major shareholder may lead to a decline in investor confidence, resulting in a decrease in the stock price. However, the company's management has not commented on the potential impact of the transaction on its operations and financial performance.

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