Jan 26 (Reuters) - FreakOut Holdings Inc 6094.T :
* Says its subsidiary FreakOut Pte. Ltd. will buy 491,786
private placement new shares (51 percent stake) of PT Gema
Teknologi Cahaya Gemilang at 17.77 billion Rupiah in total
* Says FreakOut Pte. Ltd. will hold 51 percent stake in the
target company after acquisition
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