PT Gunung Bengawan Makmur agreed to acquire 15 plots of land measuring 12.63 hectares in Indonesia from PT Ever Shine Tex Tbk (JKSE:ESTI) for approximately IDR 210 billion on February 9, 2016. A meeting of the shareholders will be held on March 17, 2016 and the result will be announced on March 21, 2016. KJPP Ihot Dollar & Raymond acted as the appraiser and KAP Johan Malonda Mustika & Rekan acted as the accountant and Ery Yunasri & Partners acted as legal advisor to PT Ever Shine Tex Tbk. PT Gunung Bengawan Makmur cancelled the acquisition of 15 plots of land measuring 12.63 hectares in Indonesia from PT Ever Shine Tex Tbk (JKSE:ESTI) on February 9, 2017.