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Global Wisata to take over Transcorp’s portion in Tanrise

03 August 2022 11:48

JAKARTA – PT Global Wisata Paradise (GWP), a company owned by PT Jaya Sukses Makmur Sentosa Tbk (RISE), acquires 99.99% of PT Transcorp Global Sentosa (TGS) in PT Tanrise Makmur Sentosa for IDR 47.29 billion.

“GWP bought 47,229 shares of TGP in TMS, which is a decision agreed during the Limited General Shareholders Meeting helf last weekend (29/7),” Go Herliani Prayogo, Corporate Secretary of RISE, confirmed in the information disclosure quoted Wednesday (3/8).

The Office of Public Appraisal Service of Iskandar and Partners has decided that the purchasing price of said 47,229 shares amounts to IDR 46.20 billion or IDR 976,765 per share, as reported in December 2021. Therefore, based on said rate, the value of the acquisition of TGS’s shares is above the market price level. (LK/ZH)

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