Feb 20, 2011

Multistrada, a clear sign to tap rubber

Tire producer PT Multistrada Arah Sarana Tbk (MASA), which is 9.8% owned by automotive producer of Salim Group dubbed PT Indomobil Sukses International Tbk (IMAS), has announced an extraordinary of shareholders' general meeting (EGM) scheduled on February 21.  
Multistrada will propose two main agendas in the EGM. Firstly, Multistrada plans to change article 3 of the company's article association. Secondly, the company will add two more directors at its BoD. Is it a clearly sign that Multistrada will tap rubber plantation business? Please login or register to read the remaining story. 

Disclosure: No position at the stock mentioned above.

Print This Article

No comments: