PT Arthabuana Karya Mandiri made a tender offer to acquire 42.08% stake in PT Triwira Insanlestari Tbk (JKSE:TRIL) for IDR 25.3 billion on October 7, 2015. PT Arthabuana Karya Mandiri will acquire 505 million shares of PT Triwira Insanlestari Tbk for IDR 50 per share. The tender offer period will expire in three months. William Soerjonegoro & Partners acted as legal advisor for PT Triwira Insanlestari Tbk. PT. Adimitra Jasa Korpora acted as securities registrar. PT Onix Sekuritas acted as broker for the transaction. The address of PT Adimitra Jasa Korpora changed from East Jakarta to North Jakarta.

PT Arthabuana Karya Mandiri cancelled the acquisition of 42.08% stake in PT Triwira Insanlestari Tbk (JKSE:TRIL) on February 19, 2016.