Apr 4, 2012

META unit acquires Intisentosa Alam

PT Nusantara Infrastructure Tbk (META) via its subsidiary dubbed PT Portco Infranusantara has agreed to acquire 60,174 shares or 39% stake in PT Intisentosa Alambahtera.
Portco Infranusantara, in an official statement filed to Indonesia Stock Exchange, said the company entered into a sale and purchase agreement on April 3 2012.
However, META's Corporate Secretary Danni Hasan has not declared the purpose of the acquisition.

Disclosure: No position at the stock mentioned above. 

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