PT Multi Artha Pratama made a mandatory offer to acquire remaining 20% stake in PT Pratama Abadi Nusa Industri Tbk (IDX:PANI) for IDR 18.4 billion on November 30, 2021. Under the terms PT Multi Artha Pratama will acquire 82 million shares for IDR 225 per share. The Mandatory Tender Offer will be opened for 30 days, starting from December 1, 2021, to December 30, 2021. The Mandatory Tender Offer cannot be canceled after its announcement, unless approved by the Financial Services Authority. The New Controller will report on the results of the Mandatory Tender Offer to the OJK on January 13, 2022.