DKSH Holding Ltd. (SWX:DKSH) made a mandatory tender offer to acquire an additional 12.4% stake in Pt Wicaksana Overseas International Tbk (IDX:WICO) for approximately IDR 100 billion on December 4, 2017. As per terms, 157.4 million shares will be acquired at IDR 660 per share. Prior to the transaction, DKSH Holding Ltd held 761.37 million shares in Pt Wicaksana Overseas International Tbk.

The tender offer period is from December 5, 2017 to January 3, 2018 and the payment will be made on January 5, 2018.