JAKARTA (Yosefardi) – Estrada Trading Limited, a company based in Tortola, British Virgin Islands, has transferred 2.558 billion shares or 13.76% of total issued shares of PT Sri Rejeki Isman (SRIL) Tbk to three offshore companies.
Estrada Trading transferred the shares on June 17, the listing date of SRIL on Indonesia Stock Exchange (IDX), at Rp240 per share.
Estrada transferred 925 million shares to Chesney International Pte Ltd, 900 million shares to Grafton Capital Resources Pte Ltd, and 733.73 million shares to Cassell International Pte Ltd.
Unfortunately that Estrada provided no further information about backgrounds of these companies. Sri Rejeki Isman, meanwhile, is textile and garment producer known as Sritex Group.