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Jababeka Acquires 51% of Seafer Industrial Estate in Kendal
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Jababeka (KIJA) acquired a 51% stake in KIS through its subsidiary, PT Indocargomas Persada (IP). The transaction involved the purchase of 340,863,090 KIS shares for Rp 340.86 billion.
PT Jababeka acquired 51% of PT Kawasan Industri Seafer shares for Rp340.86 billion for the development of an industrial area in Kendal, Central Java.
Jababeka expanded its industrial estate business to Central Java by acquiring 51% of PT Kawasan Industri Seafer (KIS) shares for Rp340.86 billion.
PT Kawasan Industri Jababeka Tbk (KIJA) acquired the Seafer Industrial Estate in Kendal Regency, Central Java, for Rp340.83 billion. (Photo: Courtesy)
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