JAKARTA - Shikoku Electric Power Company (Yonden) has officially acquired the shares of PT Hero Global Investment Tbk (HGII) on Friday (24/1).

Yonden, through its subsidiary, SEP International Netherlands B.V. (‘SEPI’), took over 25% of the shares of HGII's founders worth IDR 325 billion. With this corporate action, HGII's shareholder composition is 55% shares of the company's founders, 25% shares of Yonden, and 20% public shares.

Watch the video to learn the details regarding strategic partnership between HGII and Yonden. (DK/LM)

You can also read more here: https://www.idnfinancials.com/id/news/52188/yonden-officially-acquired-hgii-purpose