PT. Indospring Tbk (JKSE:INDS) entered into sale and purchase agreement to acquire 99% stake in PT Sinar Indra Nusa Jaya from PT Maju Mapan Bersama for IDR 4 billion on February 1, 2013. PT.

Indospring Tbk will acquire 990 shares at the price of IDR 2 million to IDR 4 million. The transaction value will be decided upon the completion of the audit of Sinar Indra Nusa Jaya by independent public accountant, and valuation report by Valuation Company.