PT Binamitra Satria Raya entered into an agreement to acquire 33.33% stake in PT Simpruk Arteri Realty from PT Pikko Land Development Tbk (JKSE:RODA) for approximately IDR 140 billion on June 8, 2012. The transaction will result in a profit of IDR 15.98 billion.

PT Binamitra Satria Raya completed the acquisition of 33.33% stake in PT Simpruk Arteri Realty from PT Pikko Land Development Tbk (JKSE:RODA) in June 2012.