Business · Markets · 1 hr ago
PGAS director buys 25,000 shares for investment
PGAS director Catur Dermawan bought 25,000 shares in Indonesia’s state-owned gas company, PT Perusahaan Gas Negara, for investment.
He paid Rp1,295 per share, or Rp32.37 million in total, for the purchase on October 30, 2026.
His holdings rose from 100,000 to 125,000 shares, while his reported voting rights remained at 0.00%.
PGAS shares opened at Rp1,370 on November 3 and traded between Rp1,365 and Rp1,390 in the morning.
Separately, PGAS and two subsidiaries agreed to buy North Hub LNG from a group of sellers, including Pertamina.
The deal is estimated at US$1.55 billion and covers deliveries from 2029 through December 2037, with an option to extend to the end of 2038.
PGAS says the agreement could strengthen its long-term gas supply for its gas trading business.
PGAS director Catur Dermawan bought 25,000 shares in the company for investment.
He paid Rp1,295 per share, or Rp32.37 million in total.
The transaction took place on October 30, 2026, and increased his holdings from 100,000 to 125,000 shares.
The company disclosed the purchase on November 3.
- Who
- Catur Dermawan, a director of PGAS.
- What
- He bought 25,000 PGAS shares for investment.
- When
- October 30, 2026.
- Where
- Not stated.
- Why
- For investment.
This story does not have two clearly opposing sides.
PGAS disclosed an LNG North Hub sale and purchase agreement with an estimated transaction value of US$1.55 billion.
Catur Dermawan bought 25,000 PGAS shares.
The company disclosed Catur’s share purchase.
- Buyer
- Catur Dermawan, PGAS director
- Shares bought
- 25,000
- Price per share
- Rp1,295
- Total cost
- Rp32.37 million
- Holdings after purchase
- 125,000 shares, up from 100,000
What people are saying
The Company, the Buyers, and the Sellers have agreed on the subject of the transaction in relation to the potential sale of North Hub LNG to the Company and/or its Affiliates for delivery from 2029 through December 31, 2037, with an option to extend through December 31, 2038