Dian Swastatika, UFS sign new HoA
Wednesday, June 5 2013 - 02:58 AM WIB
By Peni Pedriawan
IDX-listed energy and infrastructure company PT Dian Swastatika Sentosa Tbk said it has signed a new non-binding Heads of Agreement (HoA) with United Fiber System (UFS) on Tuesday for the acquisition of 93.78 percent shares in the latter company.
The company said in a filing to the exchange on Wednesday that once the acquisition has been in effect, it would sell its 6.99 percent shares in IDX-listed coal mining firm PT Golden Energy Mines Tbk to UFS.
Editing by Reiner Simanjuntak