In a strategic move signaling confidence in the company’s outlook, Laurentius Linggodigdo, Director of PT Modern International Tbk (MDRN), purchased 1,370,000 MDRN shares at a price of IDR 60 per share. The transaction took place on September 26, 2025, and has been officially reported to the Indonesia Stock Exchange (IDX).
Following the purchase, Laurentius now holds 1,370,000 MDRN shares, representing approximately 0.02% of the company’s total outstanding shares. Previously, he did not own any MDRN shares. The official announcement was made by Martino, Corporate Secretary of MDRN, in compliance with IDX regulations.
The share purchase by the director reflects confidence in the company’s performance and future prospects. This action is expected to bolster investor optimism toward MDRN. The acquisition at IDR 60 per share also indicates the belief that MDRN’s valuation is currently at an attractive level and may help support price stability in the market.
PT Modern International Tbk (MDRN) continues to expand its business lines with a focus on innovation, efficiency, and sustainability. Through various strategic initiatives underway, MDRN is targeting sustainable growth and enhanced value for its shareholders.