PT Batulicin Enam Sembilan Transportasi made an offer to acquire remaining 3.66% stake in PT. Majapahit Inti Corpora Tbk. for IDR 2.6 billion in August 14, 2017. PT Batulicin Enam will acquire 26.37 million shares for IDR 100 per share. The tender offer period will start on August 15, 2017 and end on September 13, 2017. Payment for the tendered shares will be made on September 13, 2017. KSEI is acting as escrow holder for the tendered shares while PT Sinarmas Sekuritas and Securities Administration Agency Bureau provided share ownership verification services for PT Batulicin Enam Sembilan Transportasi. PT Batulicin Enam Sembilan Transportasi completed the acquisition of additional 1.9% stake in PT. Majapahit Inti Corpora Tbk. for IDR 1.4 billion on September 13, 2017. 1.37 million shares are tendered in the offer.