PT. Adi Sarana Lelang acquired 51% stake in PT Japan Bidwin Auction (JBA) Indonesia for approximately IDR 150 billion on February 15, 2019. PT. Adi Sarana Lelang will join under the brand of PT Japan Bidwin Auction. Shioyama Kazuniro will serve as the chief executive officer and Dedy Gunawan as chief operating officer.

PT. Adi Sarana Lelang completed the acquisition of 51% stake in PT Japan Bidwin Auction (JBA) Indonesia on February 15, 2019.