Olympus Fund, L.P. of Olympus General Partner, Ltd. entered into agreement to acquire PT Sinarmas Distribusi Nusantara from Golden Agri-Resources Ltd (SGX:E5H) for approximately IDR 550 billion on April 1, 2019. As part of the transaction, Golden Agri-Resources Ltd will acquire limited partnership interest in Olympus Fund, L.P. in exchange for 100% stake in PT Sinarmas Distribusi Nusantara and cash contribution. Olympus Fund, L.P. of Olympus General Partner, Ltd. cancelled the acquisition to acquire PT Sinarmas Distribusi Nusantara from Golden Agri-Resources Ltd (SGX:E5H) on April 1, 2020.