# Salim Group company acquires 18,290 Ha land in Padalarang for IDR 80B

PT Inti Cakrawala Citra (ICC), a Salim Group company, is acquiring 18,290 hectares of land in Padalarang, West Java, from PT Falmaco Nonwoven Industri Tbk for IDR 80 billion.

- Type: Acquisition
- Announced: 2024-06-13
- Where: Padalarang, West Java, Indonesia
- Value: $4.90M (80.0B IDR)
- Status: announced

## Companies

- [PT Inti Cakrawala Citra](https://endata.com/companies/78018.md) (acquirer)
- [Salim Group](https://endata.com/companies/78019.md) (investor)
- [PT Falmaco Nonwoven Industri Tbk](https://endata.com/companies/78020.md) (target)

## Sources

- [idnfinancials.com](https://www.idnfinancials.com/cn/news/50062/salim-group-to-acquire-land-of-18-290-ha-in-padalarang), 2024-06-13: "The selling party is unaffiliated with ICC."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.