PT Maha Properti Indonesia Tbk (IDX:MPRO) agreed to acquire 49.99% stake in PT Mandiri Mega Jaya from PT Hanson International Tbk (IDX:MYRX) on December 13, 2019. The sale of part of the two units shares was to refinance the from PT Hanson International debts and to recover the company condition.

PT Maha Properti Indonesia Tbk (IDX:MPRO) cancelled the acquisition of 49.99% stake in PT Mandiri Mega Jaya from PT Hanson International Tbk (IDX:MYRX) on January 21, 2021.