PT Binakarya Jaya Abadi Tbk (JKSE:BIKA) acquired 36% stake in PT Mitragama Intiperkasa from Go Hengky Setiawan and Budianto Halim for IDR 900 million on August 31, 2015. PT Binakarya Jaya Abadi Tbk acquired 450 shares from Go Hengky Setiawan and 450 shares from Budianto Halim. PT Binakarya Jaya Abadi will use internal cash to fund the consideration. PT Mitragama Intiperkasa reported total assets of IDR 2.4 billion and total equities of IDR 2.3 billion as of December 31, 2014.


PT Binakarya Jaya Abadi Tbk (JKSE:BIKA) completed the acquisition of 36% stake in PT Mitragama Intiperkasa from Go Hengky Setiawan and Budianto Halim on August 31, 2015.