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Article: INDON'S RECAPITAL TO SELL 30% STAKE IN THAMES PAM JAYA VIA IPO.
- Article from:
- AsiaPulse News
- Article date:
- July 24, 2007
CopyrightCOPYRIGHT 2007 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, July 24 Asia Pulse - Recapital Advisor plans to sell up to 30 per cent stake it has in drinking water supply company PT Thames Pam Jaya (TPJ) in an initial public offering (IPO) planned for next year.
Currently Recapital owns 80 per cent of TPJ through a consortium of Aquatico, which also groups Aquatico Pte Ltd and Glendale Partners.
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