Wadash Enterprises Pte Ltd. acquired majority unknown stake in PT Kaltim Bio Energy from Noble Group Limited (SGX:CGP) on October 10, 2018. Wadash Enterprises Pte Ltd paid $1 as consideration for the interest acquired in Kaltim Bio Energy and also assumed all outstanding payables owed by Kaltim Bio Energy, including $10.4 million prepayment facility owed by Kaltim Bio Energy to Noble Group and all current and outstanding environmental liabilities and mine closure and rehabilitation liabilities related to Kaltim Bio Energy. The consideration is satisfied in cash. Following the transaction, Noble Group Limited ceased to hold any interests in PT Kaltim Bio Energy and PT Kaltim Bio Energy ceased to be a subsidiary of Noble Group Limited. Wadash Enterprises Pte Ltd. completed the acquisition of majority unknown stake in PT Kaltim Bio Energy from Noble Group Limited (SGX:CGP) on October 10, 2018.