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INDONESIA'S INDOSAT TO SELL 17.33 PCT STAKE IN INDOPRIMA.

AsiaPulse News

| September 02, 2002 | COPYRIGHT 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)Copyright

JAKARTA, Sept 2 Asia Pulse - Indonesian telecommunications firm PT Indosat said it plans to sell its 17.33 per cent stake in East Java personal communications service operator PT Indoprima Mikroselindo (Primasel).

An Indosat executive Wityasmoro Sih Handayanto said last weekend that PT Inti, a producer of telecommunications equipment, has agreed to buy the stake.

"We hope to sign the sales and purchase agreement on Tuesday," said Handayanto, who refused to give more details on the deal.

He only ...

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Source: HighBeam Research, INDONESIA'S INDOSAT TO SELL 17.33 PCT STAKE IN INDOPRIMA.

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