NATCO Pharma Asia, a wholly-owned subsidiary (WOS) of Natco Pharma (NATCO) incorporated in Singapore, has acquired 49% of the shareholding in PT NATCO Lotus Farma from PT Lotus Farma Indonesia.
NATCO already owns 51% of PT NATCO Lotus Farma. Post this acquisition, NATCO along with its WOS wholly-owns 100% of PT NATCO Lotus Farma.
Source: Business-Standard