PT Cowell Development Tbk acquired an additional 84.99% stake in PT Satria Pusaka Permata Perkasa from Prime Land Properties Ltd. for IDR 160 billion.
As of September 30, 2013, PT Satria Pusaka Permata Perkasa has total assets of IDR 82.5 billion, total equity is negative amount of IDR 4.8 billion and total liabilities of IDR 87.3 billion. KAP Jamaludin, Ardi, Sumimto & Rekan acted as accountant for Satria Pusaka Permata Perkasa. KAP Hadori Sugiarto Adi & Rekan acted as accountant for Cowell Development.
PT Cowell Development Tbk (JKSE:COWL) completed the acquisition of an additional 84.99% stake in PT Satria Pusaka Permata Perkasa from Prime Land Properties Ltd. on April 30, 2014.