Rejuve Global Investment Pte Ltd made an offer to acquire additional 16.2% stake in PT Pyridam Farma Tbk (IDX:PYFA) for IDX 66.8 billion on September 7, 2020. Rejuve Global Investment Pte Ltd will acquire 86.7 million shares at IDR 771 per share. Rejuve Global Investment Pte Ltd plans to carry out development in the Company's business activities engaged in the health industry, especially in the pharmaceutical sector through product development, investment in equipment and machinery so as to provide added value to PT Pyridam Farma Tbk. Offer will last from September 5, 2020 until October 4, 2020. Simbolon & Partners Law Firm acted as legal adviser to Rejuve Global Investment Pte Ltd. Indonesian Central Securities Depository acted as registrar for Rejuve Global Investment Pte Ltd.