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Article: KARWELL INDONESIA TO SELL SHARES IN GREAT MALAYSIA TEXTILE.

Article from:
AsiaPulse News
Article date:
November 2, 2001
Copyright

JAKARTA, Nov 2 Asia Pulse - Publicly listed textile company PT Karwell Indonesia (JSX:KARW) said it plans to sell its wholly-owned subsidiary Great Malaysia Textile in Singapore.

Karwell investor relation officer Jeane Wartin said Thursday approval for the plan will be sought from shareholders when they meet early December.

Jeane did not say if Karwell plans to divest part or all the shares in the subsidiary.

Karwell ...

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