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PT AKR CORPORINDO BUYS 65PCT STAKE IN TRANSHIPMENT CO.
JAKARTA, July 3 Asia Pulse - PT AKR Corporindo (AKRA) has bought a 65 per cent stake in Transshipment Co.Ltd worth 70 million RMB (US$77 million).
President Director of AKRA, Haryanto Adikoesumo, said here Friday, that his side had bought the company based in Guangxi, China, through the Guigang Communication Investment Co. Ltd and the Guigang Government State Assets Supervision and Management Council.
Following the transaction, the name of the company was changed to AKR (Guigang) Transshipment Port. ...
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