Sarana Menara Nusantara (TOWR IJ): Fairly priced acquisition
Sarana Menara Nusantara (TOWR IJ)
BUY / TP: IDR:1,045 (+43.2%)
Analyst: Chandra Pasaribu
Fairly priced acquisition
• To acquire 90.11% in IBST
• Fairly priced acquisition
• Complementary and non-dilutive
• Re-iterate BUY with unchanged TP of IDR1,045