Indo Straits obtains new contract

By Romel S. Gurky

IDX-listed marine civil contracting company PT Indo Straits Tbk announced on Wednesday it has obtained a new contract from a Kalimantan coal mining firm for dredging work.

The company said in a statement that the contract, valued at Rp 82.5 billion, is for a one-year period, and can be extended twice, each for another year. No further details were provided

Editing by Reiner Simanjuntak