Pt Krakatau Engineering acquired 1.52% stake in PT. KHI Pipe Industries from PT. Kertas Basuki Rachmat Indonesia Tbk (JKSE:KBRI) for IDR 2.3 billion on January 17, 2013. Pt Krakatau Engineering acquired 22.6 million shares of PT. KHI Pipe Industries.

Pt Krakatau Engineering completed the acquisition of 1.52% stake in PT. KHI Pipe Industries from PT. Kertas Basuki Rachmat Indonesia Tbk (JKSE:KBRI) on January 17, 2013.