Erajaya Acquired Axioo’s Subsidiary

PT Erajaya Swasembada (ERAA) Tbk or Erajaya has just acquired the majority of shares of PT Exa Nusa Persada, PT Axioo International Indonesia’s subsidiary which runs device assembly business. This acquisition serves as part of Erajaya’s strategic plan to adopt the Government’s latest regulation by enhancing the proportion of local content within its products. Continue reading Erajaya Acquired Axioo’s Subsidiary