PT Centratama Telekomunikasi Indonesia Tbk (JKSE:CENT) agreed to acquire Pt Mac Sarana Djaya from Muhammad Fitno on September 28, 2016. PT Centratama Telekomunikasi Indonesia entered into conditional share purchase agreement to acquire Pt Mac Sarana Djaya from Muhammad Fitno for approximately IDR 110 million. In related transaction, PT Centratama Telekomunikasi Indonesia Tbk and PT Centratama Menara Indonesia agreed to acquire PT Network Quality Indonesia. The transaction will be funded from internal cash. KJPP Martokoesoemo Prasetyo & Rekan acted as appraiser and KAP Purwantono, Sungkoro & Surja acted as accountant to PT Centratama Telekomunikasi Indonesia. As on November 11, 2016, PT Centratama Telekomunikasi Indonesia Tbk shareholders approved the transaction. PT Centratama Telekomunikasi Indonesia Tbk (IDX:CENT) cancelled the acquisition of Pt Mac Sarana Djaya from Muhammad Fitno on October 3, 2017.