JAKARTA – PT Multipolar Technology Tbk (MLPT) and Mitsui & Co Ltd plan to sell the entire shares of PT Graha Teknologi Nusantara (GTN) to ECX Europe and ECX Asia for USD 37.60 million.
In the information disclosure quoted Thursday (10/3), MLPT is said to transfer 281,535,000 shares or 65% of its entire issued and paid-up capital of GTN to both companies. Specifically, 281,525,000 shares will be channelled to ECX Europe, while another 10,000 units are for ECX Asia. On top of that, Mitsui Co & Ltd also sells 151,595,769 shares to ECX Europe.
MLPT will also sell off its fixed assets in Cikarang, West Java, for USD 12 million to ECX Europe. The assets include four land plots of 10,050 m2 in total, a building of 8,644 m2, office supplies, and a data centre.
For the record, ECX Europe is a private company registered in the Netherlands. It is engaged in the global data centre business. It is fully under the control of Edge Connex Inc, a USA-based private company. (LK/ZH)