Jul 20, 2010

Tuah Turangga buys 60% Agung Bara

PT Tuah Turangga Agung, wholly owned subsidiary of Komatsu heavy equipment's distributor PT United Tractors Tbk (UNTR), has completed acquisition of 60% stakes in coal mining company PT Agung Bara Prima on July 15.
In a public announcement to Indonesia Stock Exchange, by accomplishing the acquisition, Tuah Turangga is legally owned Agung Bara Prima.
Agung Bara is coal mining company located in Buhut village, Central Kapuas, Central Kalimantan.

Disclosure: No position at the stock mentioned above.

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