PT Batavia Prima Investama acquired 99.9% stake in PT Batavia Prosperindo Properti from PT Batavia Prosperindo Internasional Tbk (JKSE:BPII) for approximately IDR 10 billion on June 27, 2016. Under the terms of the transaction, PT Batavia Prima Investama acquired 0.2 million shares of PT Batavia Prosperindo Properti. KAP Kokasih, Nurdiyaman, Mulyadi, Tjahjo & Rekan acted as an accountant and KJPP Budi, Edy, Saptono & Rekan acted as independent appraiser for PT Batavia Prosperindo Internasional Tbk. PT Batavia Prima Investama completed the acquisition of 99.9% stake in PT Batavia Prosperindo Properti from PT Batavia Prosperindo Internasional Tbk (JKSE:BPII) on June 27, 2016.