Leyand acquire Nusantara Infrastructure

Leyand International take over PT Nusantara Infrastructure Tbk (META) with a value of transaction IDR565 billion.
Leyand buy shares directly META worth IDR125 billion, the acquisition of shares through a rights issue of IDR34 billion, and the latter amounting to IDR406 billion through the standby buyer.
First step, Leyand buy 7 percent of the total shares META at total price IDR125 billion with amounting to 709 million shares. Second step, through right issue mechanism, Leyand acquire 7 percent shares of Meta through rights issue.
Leyand International will act as standby purchaser (standby buyer) with a maximum acquire portion 9.23 billion shares, takes the proportion of 83.69%.