Lennette Limited signed a contract to acquire 93.47% stake in PT DH Energy Tbk from PT Darma Henwa Tbk (JKSE:DEWA) for $11.5 million on December 23, 2013. The payment for the shares in PT DH Energy will be paid by Lenette either in a single payment or in phases within 6 months period and PT Darma Henwa will hold the shares until the price is fully paid. The selling of shares will be effective after obtaining the approval from Investment Coordination Board of Indonesia and also other pre requirements. The selling price will be made by issuance of promissory note.

Lennette Limited cancelled the acquisition of 93.47% stake in PT DH Energy Tbk from PT Darma Henwa Tbk (JKSE:DEWA) on July 17, 2015.