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Hotman Paris reason to buy ELIT shares that only IPO, simple!

Jakarta, CNBC Indonesia – Hotman famous lawyer Paris Hutapea always catches the public’s attention. Now, Hotman is back in the conversation after going public.

It bought PT Data Sinergitama Jaya Tbk (ELIT) shares. This is an information technology company that just listed its shares on the Indonesia Stock Exchange (IDX), on Friday (6/1/2023).

Absolutely, Hotman has admitted buying ELIT shares up to more than 5%. Automatically, his name will later appear in the list of shareholders in the Indonesian Central Securities Depository (KSEI) data.

“There’s a pretty big investment there, tens of billions, over 5%,” he said.

According to him, the prospect of ELIT shares will be bright in the future because the data storage sector is a necessary sector for many companies. Hotman admits he will increase his stake if he performs well.

“The outlook is very good because IT stores data, right, to save data, companies really need it. That’s why I dare,” he concluded.

For information, ELIT shares of the Financial Services Authority (OJK) are classified as sharia securities and released to the public up to 500 million shares. This is equivalent to 24.61% of the issued and fully paid-up capital.

The price for the IPO is set at Rp 120 per share. Thus, ELIT will receive fresh money of Rp. 60 billion.

[Gambas:Video CNBC]

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