PT Global Teleshop (JKSE:GLOB) acquired 90% stake in PT Persada Centra Maxindo from Han Guo Xiong and Hendro Yuwono Hailana for approximately IDR 790 million on October 27, 2011. PT Global Teleshop is acquiring 20 shares from Han Guo Xiong and 25 shares from Hendro Yuwono Hailana. For the period ending June 30, 2012, PT Persada Centra Maxindo reported total assets of IDR 1.7 million. PT Global Teleshop (JKSE:GLOB) completed the acquisition of 90% stake in PT Persada Centra Maxindo from Han Guo Xiong and Hendro Yuwono Hailana on October 27, 2011.