PT Trimuda Nuansa Citra Tbk (IDX:TNCA) agreed to acquire PT Asuransi Staco Mandiri for IDR 85.2 billion on December 4, 2019. PT Trimuda Nuansa Citra Tbk also agreed for capital increase in PT Asuransi Staco Mandiri for IDR 126.8 billion. The deal requires approval from shareholders of PT Trimuda Nuansa Citra Tbk.