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Garudafood will acquire 55% of KEJU shares

18 September 2020 07:43

JAKARTA. PT Garudafood Putra Putri Jaya Tbk (GOOD) plans to acquire around 55% of PT Mulia Boga Raya Tbk (KEJU) shares. GOOD has signed a Memorandum of Understanding regarding the plan.

This corporate action was announced by Director and Corporate Secretary of GOOD, Paulus Tedjosutikno in a disclosure submitted to the IDX on Friday (18/9). Paulus said that if the transaction was carried out, it would lead to a change of control in KEJU.

GOOD plans to purchase KEJU ​​shares from individual shareholders namely Lie Po Fung, Sandjaya Rusli, Berliando Lumban Toruan, Agustini Muara, Marcello Rivelino and Amelia Fransisca. (AM/AR)

 
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