Greenlam Industries Ltd

🌏 Greenlam Industries Consolidates Indonesian Subsidiary with Full Ownership

- Acquired 33% stake in PT. Greenlam Indo Pacific from local shareholders

- Total investment: IDR 825,000,000 cash consideration

- PT. Greenlam Indo Pacific FY 2024-25 turnover: IDR 13,169,408,093

- PT. Greenlam Indo Pacific FY 2024-25 comprehensive income: IDR (7,318,172,587)

- Company specializes in wholesale trade of high-pressure laminates and paper/wood-based products

- Established May 5, 2020

- Rationalizes group holding structure and minimizes compliance requirements