PT Alam Karya Unggul Tbk (JKSE:AKKU) entered into an agreement to acquire 99.99% stake in PT Kagum Maha Karya Jaya from PT Eka Mandiri Anugerah Sejahtera for approximately IDR 480 billion on April 1, 2016. PT Eka Mandiri Anugerah Sejahtera will sell 1.89 million shares as part of the transaction. PT Alam Karya Unggul Tbk (JKSE:AKKU) cancelled the acquisition of 99.99% stake in PT Kagum Maha Karya Jaya from PT Eka Mandiri Anugerah Sejahtera on April 1, 2017.