Advance Wealth Finance Ltd acquired 49.3% stake in PT Trimegah Securities Tbk. (JKSE:TRIM) from Spinnaker Capital Group and Spinnaker Asset Management for approximately IDR 200 billion in cash on December 6, 2012. Advance Wealth Finance acquired 1.7 billion shares of Trimegah Securities for IDR 117.7 per share. James Ankers of N M Rothschild & Sons Limited acted as financial advisor to Spinnaker Capital. Sugianto Osman, Nathaniel Mangunsong, Mohammad Andrew, Marselus Pasha Lelyemin, Rika Rusman of Allen & Overy LLP acted as the legal advisor to Advance Wealth Finance Ltd.

Advance Wealth Finance Ltd completed the acquisition of 49.3% stake in PT Trimegah Securities Tbk. (JKSE:TRIM) from Spinnaker Capital Group and Spinnaker Asset Management on December 6, 2012.