PT Trisula International Tbk (JKSE:TRIS) entered into an agreement to acquire 50% stake in PT Nissiel Garment Manufacturer from PT Trisula Insan Tiara for IDR 3.3 billion on March 7, 2016. As reported, Trisula International acquired 300 shares in Nissiel Garment Manufacturer. Kantor Jasa Penilai Publik Iskandar dan Rekan conducted independent valuation on the transaction for PT Trisula International.

PT Trisula International Tbk (JKSE:TRIS) completed the acquisition of 50% stake in PT Nissiel Garment Manufacturer from PT Trisula Insan Tiara on April 21, 2016.