PT Indonesia Prima Property Tbk acquired approximately 0.5% stake in Pt Panen Lestari Basuki from PT Langgeng Ayomlestari for approximately IDR 16 billion on July 18, 2016. As part of transaction, Prima Property acquired 16,249 shares of Panen Lestari Basuki. KAP Osman Bing Satrio & Eny acted as accountant to PT Indonesia Prima Property Tbk. PT Indonesia Prima Property Tbk completed the acquisition of approximately 0.5% stake in Pt Panen Lestari Basuki from PT Langgeng Ayomlestari on July 18, 2016.