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Article: INDONESIA'S BERLIAN TO LAUNCH RIGHTS ISSUE TO RAISE US$59 MLN.
- Article from:
- AsiaPulse News
- Article date:
- July 1, 2009
CopyrightCOPYRIGHT 2009 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 1 Asia Pulse - The shareholders of Indonesian cargo shipping company PT Berlian Laju Tanker approved plan of the its management to launch rights issue to raise fund to strengthen working capital.
The publicly traded company hopes to raise Rp591.73 billion (US$59 million) from the rights issue selling 1.39 million new shares , its President Widihardja Tanudjaja said.