PT Balina Agung Perkasa entered into an agreement to acquire PT Sampoerna Printpack from PT Hanjaya Mandala Sampoerna Tbk (JKSE:HMSP) and PT Union Sampoerna Dinamika on August 15, 2016. Under the terms of the transaction, PT Hanjaya Mandala Sampoerna Tbk will sell 28,808 shares or 80.02% stake and PT Union Sampoerna Dinamika will sell 7,192 shares or 19.98% stake in Sampoerna Printpack. PT Balina Agung Perkasa completed the acquisition of PT Sampoerna Printpack from PT Hanjaya Mandala Sampoerna Tbk (JKSE:HMSP) and PT Union Sampoerna Dinamika on November 8, 2016.