PT iForte Solusi Infotek made an offer to acquire 90.11% stake in PT Inti Bangun Sejahtera Tbk (IDX:IBST) from PT Bakti Taruna Sejati and others on June 5, 2024.

PT iForte Solusi Infotek completed the acquisition of 90.11% stake in PT Inti Bangun Sejahtera Tbk (IDX:IBST) from PT Bakti Taruna Sejati and others for IDR 3.4 trillion on July 1, 2024. As per the transaction, PT iForte Solusi Infotek will acquire the shares of PT Bakti Taruna Sejati at the price of IDR 2,813 per share. Redpeak Advisers Pte. Ltd. acted as financial advisor and Makes & Partners acted as legal advisor to PT Profesional Telekomunikasi Indonesia.