PT Triwira Insanlestari Tbk (IDX:TRIL) entered into an agreement to acquire a 52% stake in PT Crownindo Unggul Permai from PT Mandiri Selaras Persada for IDR 1.4 billion on July 16, 2020. Under the term, PT Triwira Insanlestari will acquire 1,300 shares of PT Crownindo Unggul Permai. The transaction was approved by PT Mandiri Selaras Persada's shareholder and creditor, approval of PT Triwira Insanlestari's board of commissioner, the Capital Market Law and the applicable capital market regulations.