ABM unit signs coal services agreement

Friday, January 2 2015 - 02:30 AM WIB

By Romel S. Gurky

IDX-listed integrated coal mining firm PT ABM Investama Tbk announced Tuesday that its subsidiary PT Cipta Kridatama had on December 24 signed a coal mining services agreement with contractor PT Cakra Bumi Pertiwi.

The agreement is effective from January 1, 2015 to March 31, 2017, the company said in a statement.

It added that the agreement was made after a similar agreement with the previous contractor PT Titan Wijaya ended on December 31.

Editing by Reiner Simanjuntak

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