CJ CGV Co., Ltd. (KOSE:A079160) made a mandatory tender offer to acquire an additional 0.74% stake in PT Graha Layar Prima Tbk (JKSE:BLTZ) for IDR 20.5 billion on February 1, 2017. Under the terms of the offer, CJ CGV Co., Ltd. will buy 3.25 million shares at IDR 6,300 per share. The tender offer period will begin on February 2, 2017 and end on March 3, 2017. The payment date for transaction is 12 days since March 3, 2017. PT Datindo Entrycom acted as a registrar, Ali Budiardjo Nugroho Reksodiputro acted as the legal advisor, PT Kustodian Sentral Efek Indonesia acted as the custodian and PT Indo Premier Sekuritas acted as the broker for PT Graha Layar Prima Tbk. PT Indo Premier Sekuritas will charge a fee of 0.35% of the transaction value which will be borne by the qualified applicant.

CJ CGV Co., Ltd. (KOSE:A079160) cancelled the acquisition of an additional 0.74% stake in PT Graha Layar Prima Tbk (JKSE:BLTZ) on March 16, 2017. During the mandatory tender offer period, there were no PT Graha Layar Prima Tbk shares tendered by the offered shareholders.