JAKARTA (Yosefardi) – Tribecca Wealth Incorporated has bought 100 million shares of oil and gas company PT Surya Eka Perkasa Tbk (ESSA) for a total value of Rp300 billion.
Currently Tribecca holds 9.09% stake in ESSA. This transaction was implementation of advanced subscription agreement signed in April 30, 2013 between Tribecca and ESSA.
At 11.18 am Jakarta time, ESSA was traded flat at Rp2,925 per share. The stock has rebounded 22% from its bottom year to date.