Based on a mutual decision and by ratification of the “Agreement For Takeover of PT AK Energi by PT Knight Consulting Indonesia” on May 27th, 2013 and in effect since, Knight Group International and Jay Abdullah Alatas have ended their Joint Venture. PT. Knight Consulting Indonesia has since taken over control of all shares of PT AK Energi, and is in the process of fully integrating PT AK Energi in Knight Group International.
Accordingly, Mr. Jay Abdullah Alatas has retired his position as Commissioner and Chairman of both PT. Knight Consulting Indonesia and PT. AK Energi.
We thank Mr. Alatas for his trust and mutually beneficial cooperation in the past.