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Article: KARWELL INDONESIA TO SELL ITS 10% STAKE IN KC.
- Article from:
- AsiaPulse News
- Article date:
- November 19, 2002
CopyrightCOPYRIGHT 2002 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, Nov 19 Asia Pulse - Publicly listed garment maker PT Karwell Indonesia (JSX:KARW) plans to sell 10 per cent stake in PT Katexindo Citramandiri (KC), its director Ridwan Halim told the Jakarta Stock Exchange last weekend.
Ridwan said the fund from the assets sales will be used to strengthen its working capital.
He said the company, which ...