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Article: MALAYSIAN CO SELLS 50% OF ITS STAKE IN INDONESIA'S GAJAH TUNGGAL.
- Article from:
- AsiaPulse News
- Article date:
- October 12, 2006
CopyrightCOPYRIGHT 2006 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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JAKARTA, Oct 12 Asia Pulse - Malaysian investors grouped in Global Union Fiber Investments Ltd. (GUFI) have sold half of their stake in publicly-listed Gajah Tunggal (JSX:GJTL) to the Indonesian firm, an official said.
GUFI sold 3.16 per cent of its stake or 100,108,800 shares to the tire manufacturer, PT Datindo Entrycom director Sastra Sukamto said here Tuesday.
Datindo Entrycom company is PT Gajah Tunggal's ...