PT Indonesia Entertainmen Studio signed an agreement to acquire Studio 6 from PT Elang Mahkota Teknologi Tbk (JKSE:EMTK) for approximately IDR 170 billion on June 29, 2015. In related transactions, PT Indonesia Entertainmen Studio signed an agreement to acquire Studios 1,2,3,4 and 5 from PT INDOSIAR VISUAL MANDIRI Tbk for approximately IDR 380 billion, PT Indonesia Entertainmen Studio signed an agreement to acquire Studio Penta from PT Surya Citra Media Tbk (JKSE:SCMA) for IDR 89 billion, and PT Indonesia Entertainmen Grup signed an agreement to acquire 50.1% stake in PT Animasi Kartun Indonesia from PT Elang Mahkota Teknologi Tbk for IDR 15 billion. KJPP Stefanus, Tonny, Hardi & Rekan acted as the appraiser in the transaction.