PT Alpha Austenite announced that it will receive IDR 5 billion in a round of funding from existing investor, PT Tira Austenite Tbk on December 18, 2012. Through the transaction, the company will increase its and paid up capital from IDR 20 billion to IDR 25 billion. The investor now holds 99.99% stake in the company.

On the same date, the investor approved the capital increase.