Indonesia's Astra, WeLab complete joint acquisition of Bank Jasa

Indonesia's Astra, WeLab complete joint acquisition of Bank Jasa

Photo: Astra International

Indonesian conglomerate PT Astra International and Hong Kong-based unicorn WeLab Sky Limited (WeLab) have completed the acquisition of a stake worth 3.87 trillion rupiah ($258.56 million) in the Indonesian small-sized lender PT Bank Jasa Jakarta.