Indonesia's Danantara Fund: Share Purchases After Market Drop and Land Acquisition in Makkah

Indonesia's sovereign fund Danantara said it bought shares following a market sell-off. In a separate report, the fund completed its acquisition of a 4.4-hectare plot of land in Makkah Al-Mukarramah to expand the Bayt Al-Jama'ah complex serving pilgrims.

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• The report on the share purchases did not include the size of the purchases or the names of the companies involved.

  «لم يرد في الوصف حجم المشتريات أو الشركات المعنية»

  Reuters
• The area of the land the fund acquired in Makkah Al-Mukarramah is 4.4 hectares.

  «أتم صندوق الثروة السيادي الإندونيسي Danantara استحواذه على قطعة أرض مساحتها 4.4 هكتار في مكة المكرمة»

  Asia News Network
• The land will be allocated for the future expansion of the Bayt Al-Jama'ah complex, which serves pilgrims from Indonesia and elsewhere.

  «ومن المقرر أن تُخصص الأرض للتوسع المستقبلي لمجمع بيت الجماعة الخاص بخدمة حجاج إندونيسيا وغيرهم»

  Asia News Network

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