PT Sarana Kelola Investa signed a conditional share sale and purchase agreement to acquire 80.19% stake in PT ICTSI Jasa Prima Tbk (IDX:KARW) from Ictsi Far East Pte Ltd. for $2 million on January 22, 2024. The transaction is approved by the board of directors of International Container Terminal Services, Inc.

PT Sarana Kelola Investa completed the acquisition of 80.19% stake in PT ICTSI Jasa Prima Tbk (IDX:KARW) from ICTSI Far East Pte Ltd. on February 1, 2024. All conditions precedent have been satisfied and required regulatory reporting have been made to, including application of the change in ownership at the Indonesia Stock Exchange, among other usual condition precedents to closing, applicable to this kind of transaction.