Ortus Holdings Limited signed a conditional sales and purchase agreement to acquire 16% stake in PT Sugih Energy Tbk (JKSE:SUGI) for IDR 1.4 trillion on March 1, 2013. Ortus Holdings will pay IDR 350 per share. The transaction is expected to close in April 30, 2013.

Ortus Holdings Limited cancelled the acquisition of 16% stake in PT Sugih Energy Tbk (JKSE:SUGI) on March 1, 2014.