Article: KARWELL INDONESIA TO SELL ITS 10% STAKE IN KC.

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 ...

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