Low Tuck Kwong buys 100,001,000 more Bayan Resources shares
The purchase raised his voting rights in the Indonesian mining company from 9.95 per cent to 10.25 per cent.
Low Tuck Kwong bought 100,001,000 shares in PT Bayan Resources Tbk on 14 October 2026, paying Rp11,200 each, according to an Indonesia Stock Exchange disclosure. The purchase cost Rp1,120,011,200,000.
The filing described the purchase as a direct investment holding, unrelated to a repurchase agreement. His shareholding increased from 3,316,666,832 shares to 3,416,667,832 shares, while his voting rights rose from 9.95 per cent to 10.25 per cent.
During the first trading session on 14 October, Bayan shares recorded a Rp1.12 trillion crossing transaction in the exchange’s negotiated market at Rp11,200 apiece. About 100 million shares, equivalent to 1 million lots, changed hands. The transaction represented around 78 per cent of negotiated-market turnover, which reached Rp1.43 trillion by the session’s close.
Bayan had also recorded negotiated trading at the same price on 13 October 2026. That transaction was worth Rp5.6 billion and involved 5,000 lots, or 500,000 shares.
