Corporate Actions to Watch

Fortune Mate Indonesia (FMII) said that its unit, PT Indosuryo Wahyupahala (IWP), had issued a mutual fund instrument to raise Rp246 billion. FMII is controlled by Thandra M Gozali and Teddy Gunawan (through Surya Mega Investindo) with 46.67% stake ownership. Other shareholders are Royal Investment Holdings Company Ltd and public investors (24.81%).

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