PT Cisadane Sawit Raya Tbk (IDX:CSRA) acquired additional 69.99% stake in PT Samukti Karya Lestari from Gita Sapta Adi and Erwin Kurniawan for IDR 42 billion on December 23, 2015. As per the transaction, PT Cisadane Sawit Raya Tbk acquired 21500 shares from Gita Sapta Adi and 20499 shares from Erwin Kurniawan. After the transaction, PT Cisadane Sawit Raya Tbk owns 99.99% stake in PT Samukti Karya Lestari.

PT Cisadane Sawit Raya Tbk (IDX:CSRA) completed the acquisiton of additional 69.99% stake in PT Samukti Karya Lestari from Gita Sapta Adi and Erwin Kurniawan on December 23, 2015.