Sinar Mas Land, through PT Cisadane Perdana, and Vasanta Group, through PT Vasanta Daria Development, officiate the establishment of their joint company, PT Sinergi Sinar Vasanta to develop a residential project and commercial areas on a total land area of more than 28 hectares in Depok, West Java. This company will develop approximately 2,000 house units and commercial areas in the strategic location of Telaga Golf Sawangan. The project is planned to be marketed in the third quarter of 2025.