Jakarta - PT Pakuan Tbk (UANG) plans to take over 100% shares of PT Jakarta Investindo Indonesia (JII) owned by Jack Budiman (99.90%) and Suhendar (0.10%). The plan was conveyed in the MONEY information disclosure to the IDX on Wednesday (17/11).

The value of the planned acquisition of 130,000 JIII shares is Rp. 145 billion.

Based on the audited financial report of UANG as of June 30, 2021, the value of the plan reached 173.79% of the total equity of UANG, which was Rp. 83.432 billion.

This acquisition plan will add to the company's synergy, increasing the number of land banks that it can use to build residential and commercial areas. In addition, the location of the land owned by JII is not far from the land owned by UANG, so that it can become a development area.

This acquisition plan also provides added value to MONEY sales starting in 2022, amounting to Rp328.71 billion, to Rp489.05 billion in 2023, increasing to Rp1.010 trillion in 20