SINGAPORE (Yosefardi) – Japfa Ltd has, through a series of open market transactions, acquired 12.5 million shares of PT Japfa Comfeed Indonesia Tbk (JPFA), boosting its shareholding in JPFA from 57.51% to 57.63%.
The aggregate consideration of Rp6.18 billion will be fully settled in cash from internal
resources.
Meanwhile PT Summit Auto Group will absorb 119.85 million new shares of PT Sinar Mas Multiartha Tbk (SMMA) for Rp599.99 billion.