Nov 30, 2010

Rajawali & Eagle Fund control META

Eagle Infrastructure Fund Limited, Hong Kong-based company, has declared that it bought 22.37% holding in toll road operator
PT Nusantara Infrastructure Tbk (META) from Emerging Infrastructure Management Co Pte Ltd, general partner of Infrastructure Growth Fund LP, at Rp140 per share or Rp462 billion.
In line with the acquisition, Rajawali Group also purchased 23.6% holding or 3.2 billion shares in META. Rajawali also intends to enlarge shares ownership.

Disclosure: No position at the stock mentioned above.

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