PT Bumi Serpong Damai Tbk (JKSE:BSDE) agreed to acquire 107,420 square meter of land and farm in Desa Kadusirung, Legok, Tangerang, Banten, Indonesia from PT Sierad Produce Tbk (JKSE:SIPD) for IDR 52.4 billion in cash on February 16, 2016. PT Sierad Produce has the right to rent these assets from PT Bumi Serpong Damai for 3 years since the completion date.

PT Bumi Serpong Damai Tbk (JKSE:BSDE) cancelled the acquisition of 107,420 square meter of land and farm in Desa Kadusirung, Legok, Tangerang, Banten, Indonesia from PT Sierad Produce Tbk (JKSE:SIPD) on February 16, 2017.