Group Lease Public Company Limited (SET:GL) agreed to acquire 3.06% in PT Bank J Trust Indonesia, Tbk from J Trust Co., Ltd. (TSE:8508) for approximately IDR 150 billion on October 31, 2016. Group Lease will acquire 27.5 billion shares at IDR 0.00556 per share. The transaction is subject to approval by Group Lease shareholders and is expected to complete in early December 2016.