Irwan Sudjono agreed to acquire 2.09% stake in PT Adi Sarana Armada Tbk from PT Mitra Perdana Citra for IDR 4.3 billion on May 28, 2012. PT Mitra Perdana Citra sold alll of its 4,259 shares at the price of IDR 1 million per share to Irwan Sudjono. As of June 26, 2012, shareholders of PT Adi Sarana Armada approved the transaction.

Irwan Sudjono completed the acquisition of 2.09% stake in PT Adi Sarana Armada Tbk from PT Mitra Perdana Citra on July 12, 2012.