PT Buana Indah Garment acquired additional 14.9% stake in PT Eratex Djaja Tbk (JKSE:ERTX) from PT Wakala Korpora Indonesia and UOB Kay Hian Private Limited, Investment Arm for IDR 21.6 billion in cash on May 27, 2015. PT Buana acquired shares at IDR 900 per share. PT Wakala Korpora Indonesia sold 10.5 million shares and UOB Kay Hian Private Limited, Investment Arm sold 13.48 million shares of PT Eratex Djaja.

PT Buana Indah Garment completed the acquisition of 14.9% stake in PT Eratex Djaja Tbk (JKSE:ERTX) from PT Wakala Korpora Indonesia and UOB Kay Hian Private Limited on May 27, 2015.