PT Fast Food Indonesia Tbk (IDX:FAST) acquired 40% stake in PT Gemilang Setia Sejahtera for IDR 27.2 billion on April 10, 2018. Under the terms of the transaction, PT Fast Food Indonesia Tbk acquired 0.03 million shares. The transaction was funded from internal funds. As a part of the transaction, PT Fast Food Indonesia Tbk appointed representatives on the Board PT Gemilang Setia Sejahtera. PT Fast Food Indonesia Tbk (IDX:FAST) completed the acquisition of 40% stake in PT Gemilang Setia Sejahtera on April 10, 2018.