Barito rumored to acquire Star Energy

Monday, January 8 2007 - 01:52 AM WIB

JSX-listed forestry products firm PT. Barito Pacific Timber, which is controlled by tycoon Prajogo Pangestu, is rumored to buy stake at PT.Star Energy, Bisnis Indonesia reported citing market rumors.

Star energy operates Kakap block offshore Natuna, which sells gas to Singapore and is the owner of Wayang Windu geothermal power plant project in West Java. (*)

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