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Ying Da Real Estate (00432) subsidiary proposes to sell all equity interests in PACIFIC CENTURY PLACE, JAKARTA
WiseTech Global Limited (00432) announced that on March 16, 2026 (before trading hours), the company, the seller Melati Holding Limited (an indirect wholly-owned subsidiary of the company), and the buyer Palace APAC New Infrastructure Investment GP entered into a share purchase agreement. Under this agreement, the seller agrees (i) to sell, and the buyer agrees to purchase, all issued shares of the target company, and (ii) to accept a shareholder loan transfer, with a total consideration of US$400 million (equivalent to approximately HK$3.12 billion), which may be adjusted according to customary closing accounts.
The main business of the target company, Rafflesia Investment Limited, is investment holding. As of the date of this announcement, the target company is wholly owned by the seller. PT Prima’s main business is property development and management. PT Prima is directly held 99% by Interstate Holdings and 1% by New Avenue, both of which are wholly owned subsidiaries of City Charm and Ever Orient, respectively, which are wholly owned subsidiaries of the target company.
All rights to the property are held by PT Prima. The property is a high-quality Grade A office building named “Pacific Century Place, Jakarta,” located in the central business district (SCBD) financial hub of Jakarta, at Jenderal Sudirman Kav. No. 52–53 Lot 10, Senayan, Kebayoran Baru, South Jakarta, Indonesia. The building is leased by multiple global multinational companies and has a total gross floor area of approximately 93,316 square meters.