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Bintraco Dharma acquires Meka Adipratama of Rp 54.40 billion

23 November 2018 11:24 AM  Company: PT. Industri dan Perdagangan Bintraco Dharma Tbk[CARS]
Rp. 2,510  0 (0%)

JAKARTA - PT Industri Dan Perdagangan Bintraco Dharma Tbk (CARS) acquired the stock of PT Meka Adipratama including associated entities in a transaction worth Rp 54.40 billion. This transaction involved 54.450 shares or 99% of all the stock that was placed by Meka Adipratama. 

Based on the company's information disclosure, the acquisition of the stock consisted of PT New Ratna Motor of Rp 34.20 billion, PT Ahabe Niaga Selaras of Rp 16.20 billion, Raden Djoko Muljono of Rp 5.40 billion, and PT Bahtera Sapta Permata of Rp 3.60 billion.  

This transaction is expected to support the financial report of the company's group in the middle of the tight competition. Furthermore, the transaction also increased the synergy of Meka Adipratama in spare parts, e-commerce, and workshop. (LK/AR)

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PT. Industri dan Perdagangan Bintraco Dharma Tbk [CARS]   Rp. 2,510   0 (0%)