PT. Provident Agro Group (JKSE:PALM) and PT Transpacific Agro Industry acquired PT Nakau from PT Unitras Pertama and PT Pandu Dian Pertiwi on June 15, 2012. Provident Agro Group acquired 0.14 million shares from Unitras Pertama and 0.06 million shares from Pandu Dian. PT Transpacific Agro Industry acquired 1 share from Pandu Dian. In a related transaction, PT Transpacific Agro Industry acquired 10% stake in PT Sumatera Candi Kencana from Edwin Soeryadjaya and Joyce Soeryadjaya on June 15, 2012. The transaction has been approved by shareholders of Nakau.

PT. Provident Agro Group (JKSE:PALM) and PT Transpacific Agro Industry completed the acquisition of PT Nakau from PT Unitras Pertama and PT Pandu Dian Pertiwi on June 15, 2012.