Benny Tjokro's Ownership Keeps Hanson's Stock Price at Rock Bottom
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The Indonesian Social Security and Armed Forces Insurance Agency (ASABRI) is suspected of experiencing investment failure. This is due to the decline in the price of a number of stock portfolios owned by the state-owned insurance company.
One of the stock portfolios owned by ASABRI is PT Hanson International Tbk (MYRX). The value of shares in this company, owned by Benny Tjokro, is known to have decreased by up to 57 percent in the last year. At the beginning of 2019, Hanson shares were recorded at Rp 117 per share, falling to Rp 50 per share on Monday (January 13th). This property and real estate company reached its highest share price at the end of 2016, at Rp 184 per share.
"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."
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