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Sunday, 21 August 11
TUAH TURANGGA ACQUIRES DUTA NURCAHYA


Coal miner PT Tuah Turangga Agung, a wholly owned subsidiary of PT United Tractors Tbk (UNTR) via PT Pamapersada Nusantara), has agreed to acquire 60% shareholding in PT Duta Nurcahya, reported by Insider Stories.

Under the agreement, which was signed on August 15, Tuah Turangga has to require several conditions prior to complete the take over.

Duta Nurcahya is a coal miner with concession located in Hurung village, Juju Baru, North Barito, Central Kalimantan. Duta Nurcahya manages 4,999 hectares of coal concession.

However, United Tractors' Corporate Secretary Sara K. Loebis hasn't disclosed the takeover price, as quoted by Insider.



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Recent News

Thursday, 15 September 11
INDIAN GOVT PLANS TO DEVELOP 9 NEW MAJOR PORTS BY 2016 - INVEST MONEY / HELLENIC SHIPPING
The government has announced to make a investment of more than Rs 22,000 crore (approximately US$ 4,623,791,331) to develop nine new major ...


Thursday, 15 September 11
BOTSWANA COAL AND ENERGY CONFERENCE 2011
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Thursday, 15 September 11
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Wednesday, 14 September 11
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COALspot.com - PT Indo Straits Tbk (PTIS) bagged a contract to tranship  about 2.40 million tons of coal over an initial period of 6 months fro ...


Wednesday, 14 September 11
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  Insider Stories reported that, PT Duta Pertiwi Nusantara Tbk (DPNS) yesterday steeply jumped 24.56% to Rp710 a share after the company discove ...


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