Digital Edge (Singapore) Holdings Pte. Ltd. acquired remaining 33% stake in PT Indointernet Tbk. (IDX:EDGE) from Otto Toto Sugiri and others on December 19, 2023. The transaction is funded through a combination of capital from Digital Edge alongside an external debt facility.

Digital Edge (Singapore) Holdings Pte. Ltd. completed the acquisition of remaining 33% stake in PT Indointernet Tbk. (IDX:EDGE) from Otto Toto Sugiri and others on December 19, 2023. Joe Bauerschmidt, Miftahul Ari Khairi and Matthias Schemuth of DLA Piper Singapore Pte. Ltd. and Naomi Hong and Emily Wan of DLA Piper Hong Kong Services Limited acted as the legal advisors to Digital Edge.