JAKARTA (Yosefardi) – Property developer PT Bumi Serpong Damai Tbk (BSDE) said PT Ekacentra Usahamaju that holds 25.27% BSDE shares had in April 14, 2014 signed sale and purchase agreement to buy 119.99 million shares of PT Karya Dutamas Cemerlang from PT Sinar Mas Wisesa.
BSDE holds 55% stake in Sinar Mas Wisesa. The transaction is valued for Rp131.22 billion.
BSDE booked marketing sales of Rp1.76 trillion in first quarter of this year, representing 29% of this year’s target of Rp6 trillion. Compared to 2013, this year’s target of the marketing sales is 32% lower than 2013′s realized marketing sales.