PT. Energy Battery Indonesia agreed to acquire a 60% stake in PT Adhi Kartiko Pratama from PT Sungai Mas Minerals, PT Inti Mega Ventura, Michael Adhidaya Susantyo and Victor Agung Susantyo for approximately KRW 130 billion on November 7, 2023. The transaction was resolved by the Board of Directors of LX International.

PT Adhi Kartiko reported total assets of KRW 25.4 billion, sales of KRW 70.2 billion and net income of KRW 8.8 billion for 2022. The transaction is expected to be completed by February 29, 2024.