PT Urban Jakarta Propertindo Tbk (URBN), a company controlled by Yongky Wijaya and Robert Soeharsono, decided to acquire 51.01% shares in PT Jakarta River City (JRC) from PT Ciptaruang Persada Property (CPP) for Rp576.88 billion. This is an affiliated transaction because CPP is indirectly controlled by Yongky and Robert.To subscribe please click here