PT Agro Jaya Gemilang and PT Metro Jaya Lestari acquired 99.9% stake in PT Sawit Mandiri Lestari from PT Sawit Sumbermas Sarana Tbk for IDR 150.4 billion on December 31, 2015. PT Agro Jaya Gemilang and PT Metro Jaya Lestari acquired 149 shares and 0.154 million shares of Sawit Mandiri Lestari. In a related transaction, PT Agro Jaya Gemilang and PT Metro Jaya Lestari acquired PT Ahmad Saleh Perkasa from PT Sawit Sumbermas Sarana Tbk for IDR 139.2 billion. Th etransaction is approved by the shareholders of Sawit Mandiri Lestari on December 31, 2015.

PT Agro Jaya Gemilang and PT Metro Jaya Lestari completed the acquisition of 99.9% stake in PT Sawit Mandiri Lestari from PT Sawit Sumbermas Sarana Tbk on December 31, 2015.