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Agoes Projosasmito buys Rp2.46 billion stake in Bumi Resources Minerals

The vice president director acquired 5.5 million BRMS shares in two transactions, taking his voting rights to 0.0039 per cent.

By Maya Santos

Illustration of share certificates and a stock market trading screen
Photo: CNBC Indonesia

Bumi Resources Minerals vice president director Agoes Projosasmito bought 5.5 million shares in the Indonesian mining company on 22 October 2026 for approximately Rp2.46 billion, according to a disclosure to the Indonesia Stock Exchange.

The purchases gave Agoes a holding in the company, which trades under the ticker BRMS. He had held no shares before the transactions, with his voting rights recorded at 0.00 per cent. His voting rights subsequently stood at 0.0039 per cent.

In the first transaction, he acquired 3.3 million shares at Rp448 each, worth about Rp1.48 billion. A second purchase involved 2.2 million shares at Rp446 apiece, with a reported value of approximately Rp981.2 million.

The disclosure stated that both purchases were for investment and represented direct ownership. Neither transaction was a repurchase agreement.

Agoes was identified in the filing as an Indonesian citizen and was not classified as a controlling shareholder of the company.

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