Lian Beng Group forms Indonesian unit to perform coal mining activities
Thursday, December 2 2004 - 01:36 AM WIB
Singapore’s major home-grown building contractors Lian Beng Group Ltd announced Wednesday that its subsidiary Lian Beng Energy Pte Ltd had established an Indonesian unit known as PT Lian Beng Energy (PTLB).
“The principal activity of PTLB is to carry out overburden removal and dumping works for open cast coal mines in Indonesia,” Lian Beng Group said in a statement.
Lian Beng Energy is equally owned by Lian Beng Group and Manhattan Investments Pte Ltd.
Lian Beng Group earlier said that Lian Beng Energy is to anticipate a coal mining overburden work worth US$213 million from PT Gunungbayan Pratamacoal, an East Kalimantan-based coal mining firm. (Robert)