PT Batavia Prosperindo Internasional Tbk (JKSE:BPII) acquired an additional 1.84% stake in PT Batavia Prosperindo Finance Tbk (JKSE:BPFI) from PT Batavia Prosperindo Sekuritas for IDR 15 billion on November 12, 2015. Under the terms of the transaction, PT Batavia Prosperindo Internasional Tbk acquired 25 million shares at IDR 600 per share. The transaction was financed by PT Batavia Prosperindo Sekuritas loan of IDR 16 billion.

PT Batavia Prosperindo Internasional Tbk (JKSE:BPII) completed the acquisition of an additional 1.84% stake in PT Batavia Prosperindo Finance Tbk (JKSE:BPFI) from PT Batavia Prosperindo Sekuritas on November 12, 2015.