PT Pembangunan Perumahan (Persero) Tbk (JKSE:PTPP) agreed to acquire 99.98% stakke in PT Prima Jasa Aldo Dua for IDR 44.3 billion on November 14, 2013. The acquisition will be funded by internal cash. Prima Jasa Aldo has assets of IDR 200 billion. PT Pembangunan Perumahan is still waiting for the acquisition value estimation to be issued by the appraisal. The transaction is expected to complete by February 2014. As of June 6, 2014, PT Pembangunan Perumahan (Persero) Tbk signed the deed of sale and purchase of shares to acquire 99.98% stake in PT Pembangunan Perumahan (Persero) Tbk from Yayasan Kesejahteraan Karyawan Pembangunan Perumahan. PT Pembangunan Perumahan is acquiring 0.03 million shares of PT Prima Jasa Aldo Dua.

PT Pembangunan Perumahan (Persero) Tbk (JKSE:PTPP) cancelled the acquisition of 99.98% stakke in PT Prima Jasa Aldo Dua on December 6, 2014.