Indonesia
SUBSIDIAIRY NAME | COUNTRY | SECTOR/INDUSTRY | OWNERSHIP % | ACQUISITION DATE | ACQUISITION VALUATION | TOTAL ASSET VALUATION |
---|---|---|---|---|---|---|
IIB DG PT WANGSA | INDONESIA | ENERGY | 70% IIB-DG | AUGUST 16TH 2021 | 12 BILLION USD | 120 BILLION USD |
ENERGY, OIL REFINERY, and GAS
PT. WANGSA ENERGY PRAKARSA: IIB-DG acquired PT.Wangsa Energy Prakarsa on August 16, 2021, to implement an integrated oil refinery project (300.000BPD) & petrochemical complex facility in the Special Economic Zone (SEZ) (“the Project”) with private financing by granting shares to the Third-Party Equity provider for the purpose of financing, procuring, constructing, operating and maintaining the project.