Pasca published new shares or rights issue ENRG, BNBR ownership in oil and natural gas was undermined by 16.89 percent.

Herwin W. Hidayat, Investor Relations ENRG, explained, after the rights issue 26.18 billion shares, public investors have a 70.42 percent stake. ”While 28.12 percent of shares owned BNBR, either directly or indirectly,” he said, yesterday. In addition, PT Danatama Makmur and PT Madani Securities, as the standby buyer’s rights issue, also has a 1.46 percent stake in Energi Mega.

In fact, according to a rights offering prospectus which was published late last year, BNBR still controlled 45.01 percent stake ENRG directly and indirectly. BNBR only got 0.02 percent of shares directly. While 18.78 percent of their shares through PT Brantas Indonesia and 26.21 percent of shares through PT Kondur Indonesia. That is, post-rights issue, ownership of ENRG trimmed BNBR 16.89 percent.

“The fall in ownership BNBR for not executing some of its rights,” said Herwin. Indeed, earlier, on December 9, 2009 BNBR has made a statement a commitment to buy the rights issue 4.9 billion shares or 18.84 percent of the total new shares ENRG.

“BNBR has done subscription worth Rp 912 billion, according to a letter bear,” said Herwin. In fact, with 45.01 percent ownership stake, should BNBR bought 11.78 billion new shares.

Although BNBR not execute all the rights, the standby purchasers had also just bought a new stock ENRG. So, who’s buying the new shares so that the public ownership under the 5 percent rise to 70.42 percent?

Vice President of Investment Bank Danatama Makmur, Vicky Ganda Saputra said it hopes to do with the release of strategic placement of new shares to ENRG foreign investors. ”There were seven to eight investors,” he said. The number of shares of placement was 7.4 billion shares.