PT Trada Maritime Tbk (JKSE:TRAM) sold 99.9% stake in PT Hanochem Tiaka Samudra for approximately IDR 1 billion in cash on April 23, 2014. Trada Maritime sold 999 shares of Hanochem Tiaka Samudra for IDR 1 million each. Ery Yunasri & Partners acted as legal advisor to PT Trada Maritime.

PT Trada Maritime Tbk (JKSE:TRAM) completed the sale of 99.9% stake in PT Hanochem Tiaka Samudra on April 23, 2014.