Jakarta - PT Merdeka Copper Gold Tbk (MDKA) has officially become the shareholder of PT Andalan Bersama Investama (ABI) and PT Pani Bersama Jaya (PBJ).

At present, MDKA controls 50.1% of the total issued and paid-up capital of ABI and 83.35% of PBJ's shares, "said MDKA Corporate Secretary Adi Adriansyah Sjoekri in information disclosure in Jakarta on Monday (7/3).

Meanwhile, MDKA paid US$26 million for 10,008 shares in PBJ owned by Lion Selection Asia Limited (LSA). The signing of the deed of transfer of shares on March 1, 2021.

Meanwhile, they completed the share takeover on Friday (4/3).

Transactions carried out on ABI shares are affiliates because one of the controllers of MDKA is PT Provident Capital Indonesia.