CENT - PT. Centratama Telekomunikasi Indonesia Tbk

Rp 73

+1 (+1,37%)

JAKARTA. At least 289 telecommunication towers of PT Lasmana Swasti Prasidha have been officially taken over by PT Centratama Telekomunikasi Indonesia Tbk (CENT) with an acquisition value of IDR 631.53 billion.

Said acquisition is carried out by CENT’s subsidiary, PT Centratama Menara Indonesia (CMI). The acquisition is split into 4 separate transactions, taking place from August 12 to November 18, 2022.

Based on the information disclosure in Indonesia Stock Exchange (IDX), PT Lasmana Swasti Prasidha & PT Technindo Global Fortace are said to be the selling parties, and CMI is the buyer. Both signed the Sale and Purchase Deed regarding tower site transfer on November 18, 2022, whereas the Sale and Purchase Agreement had been signed earlier on April 14, 2022. (AM/ZH)