HomeNewsVideos

TOWR acquires 90% of SUPR

06 September 2021 10:40

JAKARTA. Through its subsidiary, PT Profesional Telekomunikasi Indonesia (PTI), PT Sarana Menara Nusantara Tbk (TOWR) is geared up for the acquisition of 90% of PT Solusi Tunas Pratama Tbk’s (SUPR) shares.

Today (6/9), the TOWR management explains that the acquisition would take four months, using the tender scheme or an auction. The seller and purchaser had signed the sales purchase agreement on September 4, 2021. Meanwhile, the conclusion regarding this shares acquisition plan still awaits the complete requirements submitted by the involved parties, just as stated in the contract.

This transaction would have TOWR purchasing portions of shares from 14 parties listed as sellers.

Quoting the information disclosure released a couple of months earlier, Jennivine Yuwono, the former President Commissioner of SUPR, is revealed to have divested 200.21 million of SUPR’s shares through PT Kharisma Indah Ekaprima. (AM/ZH)

© 2024 - IDN Financials - All Rights Reserved.