PT Tanah Laut Tbk (JKSE:INDX) and Tonny Arditoro agreed to acquire 25% stake in PT Iona Laut Logistik from Mirsa Farani on October 9, 2014. PT Tanah Laut Tbk will acquire 1,245 shares at the total price of IDR 1,245 and increase its stake to 4,995 shares in PT Iona Laut Logistik. Tonny Arditoro will acquire 5 shares at the total price of IDR 5. Shareholders of PT Iona Laut Logistik approved the transaction on October 9, 2014.