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Emtek subsidiary increases Bukalapak stake in 81.88 million dollar deal
Kreatif Media Karya (KMK), a subsidiary of Emtek Group, has increased its stake in PT Bukalapak.com Tbk (BUKA) to 34.05% by acquiring 9.73 billion shares at 138 rupiah each, totaling 1.34 trillion rupiah (US$81.88 million). This move raises KMK's ownership from 24.61% and aligns with its investment goals, according to BUKA’s Corporate Secretary, Cut Fika Lutfi.
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