PT Bangka Bumi Lestari agreed to acquire 99.9% stake in PT Palmdale Agroasia Lestari Makmur from PT Gozco Plantations Tbk (JKSE:GZCO) for IDR 300 billion on November 24, 2016. PT Bangka Bumi Lestari cancelled the acquisition of 99.9% stake in PT Palmdale Agroasia Lestari Makmur from PT Gozco Plantations Tbk (JKSE:GZCO) on November 24, 2017.