Lo Khen Hong increases stake in Petrosea
Saturday, March 15 2014 - 05:07 AM WIB
By Romel S. Gurky
Indonesian investor Lo Kheng Hong has increased stake in IDX-listed mining services, engineering and construction company PT Petrosea Tbk.
The company said in a filing with the Indonesia Stock Exchange Friday that Lo Kheng Hong now owns 94.3 million shares, or 9.35 percent, up from 7.91 percent previously.
It added that the largest shareholder in Petrosea remains IDX-listed PT Indika Energy Tbk with a 69.8 percent ownership.
Editing by Reiner Simanjuntak