Garda Tujuh, Agrocom renegotiating coal purchase deal
Wednesday, May 22 2013 - 12:13 AM WIB
By Ruli Setiawan
IDX-listed PT Garda Tujuh Buana Tbk said that the company was in intensive talks with Agrocom Ltd to renegotiate coal purchase and supply deal.
The renegotiation has been in place since May 17.
"We will soon announce the result of the renegotiation," the company said in a statement on Tuesday.
The two companies earlier signed the original agreement on June 1, 2012.
Editing by Adianto P. Simamora