Jimmy Hidayat agreed to acquire 99.32% stake in PT RHB OSK Securities Indonesia from PT. Majapahit Inti Corpora Tbk for IDR 43.7 billion on April 28, 2017. As reported, Jimmy Hidayat will acquire 43,700 shares in PT RHB OSK Securities Indonesia. In a related transaction, PT. Majapahit Inti Corpora Tbk. signed an agreement to acquire PT Rezki Batulicin Transport from PT Batulicin Enam Sembilan Transportasi for IDR 21.3 billion on April 28, 2017. PT RHB OSK Securities Indonesia reported total assets of IDR 55.5 billion, net assets of IDR 55.2 billion, sales of IDR 4.7 billion, operating profit of IDR 4.6 billion and net profit of IDR 4.6 billion for the year ended December 31, 2016. The transaction is approved by the shareholders of PT. Majapahit Inti Corpora Tbk. Fathiah Helmi acted as notary, Fathiah Helmi, S.H. acted as notary, Nindyo & Associates and BMD & Partners acted as legal advisors,KAP Doli, Bambang, Sulistiyanto, Dadang & Ali and KAP Supoyo, Sutjahjo, Subyantara & Rekan acted as accountants and PT Sinartama Gunita acted as securities registrar for PT. Majapahit Inti Corpora Tbk.