Kestrel Wave Investment Ltd. acquired an additional 3.5% stake in PT Citra Tubindo Tbk (JKSE:CTBN) for approximately IDR 150 billion on December 16, 2015. Kestrel Wave Investment Ltd. acquired 28 million shares of PT Citra Tubindo Tbk for IDR 5,225 per share. On completion, Kestrel Wave Investment Ltd. will hold 386.03 million shares in PT Citra Tubindo Tbk, representing 48.23% stake.

Kestrel Wave Investment Ltd. completed the acquisition of an additional 3.5% stake in PT Citra Tubindo Tbk (JKSE:CTBN) on December 16, 2015.