PT Pakuan Tbk (UANG) through its subsidiary, PT Jakarta Investindo Indonesia (JII), formed a joint venture company with PT Lotte Land Indonesia (LLI) to create PT Lotte Land Sawangan (LLS) with JII owns 30% of the shares and LII 70%. LSS is aimed to work in the real estate sector. JII has paid Rp131.04 as capital and sold a land plot asset to LLS at the value of Rp365.27 billion.