JAKARTA – Honour Accord (HA) Limited, based in Hong Kong, will conduct a tender offer after officially acquiring a majority stake in PT Aesler Grup Indonesia Tbk (RONY). The acquisition of RONY shares by HA has been taking place gradually since mid-February 2025.

In an official disclosure on Thursday (13/3), Xu Jihua, Director of Honour Accord Limited, stated that the acquisition of RONY shares aims to support regional and global expansion.

HA acquired shares of RONY from its previous controlling shareholders, PT Nakula Investama and PT Karimun Jawa Pratama (KJP), totalling 610.62 million shares (48.85%) and 450 million shares (36%) respectively, out of the total 1.25 billion shares of RONY. The Hong Kong-based investor now owns 1 billion shares of RONY.

Over the past week, RONY shares have surged 43.90%, or IDR 540, reaching IDR 1,770 per share. However, as of the first trading session at 11.22 AM WIB, RONY shares dipped 0.56%, or IDR 10. (LK/ZH)