PT Recapital Asset Management signed a sales and purchase agreement to acquire 94.85% stake in PT Capitalinc Finance from PT Capitalinc Investment Tbk (JKSE:MTFN) for IDR 24 billion on July 1, 2016. PT Recapital will acquire 520.74 million shares of PT Capitalinc Finance. PT Recapital Asset Management completed the acquisition of 94.85% stake in PT Capitalinc Finance from PT Capitalinc Investment Tbk (JKSE:MTFN) on July 1, 2016.