ATPK sells Tuhup Coal Mining
Friday, November 1 2013 - 07:08 AM WIB
By Alexander Ginting
IDX-listed miner PT ATPK Resources Tbk announced on Thursday that it, through subsidiary PT Modal Investasi Mineral, has sold its entire 70 percent stake in PT Tuhup Coal Mining (TCM) to an individual named Ritha Manik.
According to the notarial deed filed with the IDX, TCM was sold for US$1 million.
TCM, which is still at exploration stage, is located in Murung Raya Regency, Central Kalimantan, covering an area of 11,260 hectares.
Editing by Reiner Simanjuntak