PT Pade Manajemen Indonesia acquired 98.33% stake in PT Hotelindo Murni from PT Kabelindo Murni Tbk (JKSE:KBLM) for IDR 38.1 billion on June 8, 2016. PT Pade Manajemen Indonesia acquired 0.03 million shares of PT Hotelindo Murni. PT Hotelindo Murni reported total assets of IDR 35.57 billion, total equity of IDR 31.39 billion, revenues of IDR 15.61 billion and net profit of IDR 2.13 billion in 2015. KAP Doli, Bambang, Sulistiyanto, Dadang & Ali acted as the accountant to PT Hotelindo Murni and KAP Anwar & Rekan acted as the accountant to PT Kabelindo Murni Tbk. KJPP Herly, Ariawan & Rekan acted as the appraiser to PT Kabelindo Murni Tbk. PT Pade Manajemen Indonesia completed the acquisition of 98.33% stake in PT Hotelindo Murni from PT Kabelindo Murni Tbk (JKSE:KBLM) on June 8, 2016.