Pt Sarana Agro Investama made mandatory tender offer to acquire remaining 29.49% stake in PT Jaya Agra Wattie Tbk (IDX:JAWA) for approximately IDR 280 billion on October 3, 2017. As per terms, Pt Sarana Agro Investama intends to acquire up to 1.1 billion shares of PT Jaya Agra Wattie for IDR 250 per share. The tender offer period is from October 4, 2017 to November 2, 2017. PT Datindo Entrycom acted as registrar in the transaction. Pt Sarana Agro Investama completed the acquisition of an additional 16.39% stake in PT Jaya Agra Wattie Tbk (IDX:JAWA) for approximately IDR 150 billion on November 2, 2017. Pt Sarana Agro Investama acquired 618.81 million shares.