PT Tigaraksa Satria Tbk (IDX:TGKA) entered into an agreement to acquire an additional 24.99% stake in PT Blue Gas Indonesia from PT Tigaraksa for IDR 62.7 billion on June 21, 2019. PT Tigaraksa Satria Tbk will acquire 1.89 million shares of PT Blue Gas Indonesia. KJPP Felix Sutandar and Rekan acted as the appraiser and provided fairness opinion to PT Tigaraksa Satria Tbk. PT Tigaraksa Satria Tbk (IDX:TGKA) completed the acquisition of an additional 24.99% stake in PT Blue Gas Indonesia from PT Tigaraksa on September 10, 2019. After the transaction, PT Tigaraksa Satria Tbk holds 99.9% stake in PT Blue Gas Indonesia. PT Tigaraksa Satria Tbk used internal cash to acquire the stake.