Indonesia's Widjaja family offers to take Sinarmas Land private in $986m deal

Indonesia's Widjaja family offers to take Sinarmas Land private in $986m deal

Photo: REUTERS/Garry Lotulung

An entity controlled by Indonesia’s Widjaja family said on Thursday it had offered to buy the shares of Singapore-listed Sinarmas Land that it does not already own, valuing the property firm at S$1.32 billion ($986 million).

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