PT Cita Mineral Investindo Tbk signed a purchase and sale agreement to acquire an additional 10.26% stake in PT Karya Utama Tambangjaya from PT Harita Jayaraya Inc. for IDR 14.4 billion in cash on June 28, 2013. PT Cita Mineral Investindo will acquire 0.14 million shares of Karya Utama. In a related transaction, PT Cita Mineral Investindo Tbk signed a purchase and sale agreement to acquire additional 9.99% stake in PT Harita Prima Abadi Mineral from PT Harita Jayaraya Inc. for IDR 23.3 billion. Karya Utama Tambangjaya reported total assets of IDR 1.17 billion for the year ending December 31, 2012. The transaction is approved by the Board of Commissioners of PT Harita Jayaraya.

PT Cita Mineral Investindo Tbk cancelled the acquisition to acquire an additional 10.26% stake in PT Karya Utama Tambangjaya from PT Harita Jayaraya Inc. for IDR 14.4 billion in cash on June 28, 2014.