HTK Exits HUMI with Rp 59b Sale Within Tommy Soeharto’s Group
Jakarta. Shipping company Humpuss Transportasi Kimia (HTK) has divested its entire stake in Humpuss Maritim Internasional (HUMI), an affiliate linked to the Humpuss Group of Tommy Soeharto, in a deal worth Rp 59.1 billion ($3.6 million).
HTK sold 1.18 billion HUMI shares at Rp 50 apiece on Sept. 26, 2025, according to a disclosure to the Indonesia Stock Exchange on Thursday. The transaction means HTK no longer owns any HUMI shares, after previously holding 6.55 percent.
Management said the divestment was part of an investment strategy, with the share price set based on mutual agreement.
Both companies are part of the Humpuss Group, long associated with Tommy Soeharto, making the transaction effectively an intra-group restructuring rather than an arms-length sale.
Following the news, HUMI’s shares slipped 1.53 percent to Rp 129 in the first trading session on Thursday.
Tags: Keywords:The Latest
Spain Beats Argentina to Win Second World Cup Trophy
Spain allowed only one goal in eight matches at the tournament, setting a World Cup record for fewest goals allowed by a champion.
Controversies Surrounding the Handling of Febrie Adriansyah’s Corruption Case
The Attorney General's Office has not provided a clear explanation as to why Don Ritto was detained while Febrie was not.
Prabowo's Party Rebukes Hotman Paris for Invoking President in Corruption Case
Gerindra and media leaders criticized Hotman Paris after he invoked President Prabowo while defending a corruption suspect.
Anwar to Address KWAP's Investment Losses in Indonesia's eFishery
Malaysia's prime minister will explain Parliament's questions over KWAP's losses from its investment in Indonesia's eFishery.
Fajar and Fikri Upset World No. 1 Pair to Win Japan Open
The Indonesians prevailed 21-19, 21-17 after producing a composed performance to counter the Koreans' aggressive style of play.Most Popular
