Assetguard Incorporated acquired 2.2% stake in PT Indoritel Makmur Internasional Tbk (JKSE:DNET) from Treasure East Investments Limited for approximately IDR 320 billion on January 19, 2016. Under the terms of the deal, 315 million shares are purchased at an offer per share of IDR 1025. Post transaction, Treasure East holds 25.36% stake.

Assetguard Incorporated completed the acquisition of 2.2% stake in PT Indoritel Makmur Internasional Tbk (JKSE:DNET) from Treasure East Investments Limited on January 19, 2016.