Feb 7, 2012

Mitrabahtera buys Usama Adhi Sejahtera

Tug boat operator PT Mitrabahtera Segara Sejati Tbk (MBSS) has acquired 60% stake in shipping company dubbed PT Usama Adhi Sejahtera.
"Mitrabahtera has acquired 60% new shares issued by Usama Sejahtera worth Rp210 million in a bid to strengthen our performance," said Director Dedy Happy Hardi.
Mitrabahtera plans to add three barging fleets this year, enlarging its fleets to 30 units by end of 2012.

Disclosure: No position at the stock mentioned above.

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