PT Dharma Satya Nusantara Tbk (IDX:DSNG) and PT Swakarsa Sinar Sentosa agreed to acquire PT Bima Palma Nugraha and PT Bima Agri Sawit from PT Kalimantan Cipta Sembada, PT Indo Palma Persada, PT Kutai Inti Daya and PT Rama Putera Investindo for IDR 2.1 trillion on December 6, 2018. PT Dharma Satya Nusantara and PT Swakarsa Sinar Sentosa will acquire stock of PT Bima Palma Nugraha from PT Kalimantan Cipta Sembada (92.14% stake) and PT Indo Palma Persada (7.86% stake) for IDR 1.4 trillion. PT Dharma Satya Nusantara and PT Swakarsa Sinar Sentosa will acquire stock and debt of PT Bima Agri Sawit from PT Kutai Inti Daya (91.90% stake), PT Rama Putera Investindo (4.20% stake), and PT Indo Palma Persada (3.90% stake) for IDR 700 billion. Shareholders of PT Dharma Satya Nusantara Tbk approved the deal on December 10, 2018.

PT Dharma Satya Nusantara Tbk (IDX:DSNG) and PT Swakarsa Sinar Sentosa completed the acquisition of PT Bima Palma Nugraha and PT Bima Agri Sawit from PT Kalimantan Cipta Sembada, PT Indo Palma Persada, PT Kutai Inti Daya and PT Rama Putera Investindo on December 12, 2018.