Renuka to acquire Jambi coal miner

Tuesday, October 4 2011 - 02:43 AM WIB

IDX-listed firm PT. Renuka Coalindo announced on Monday that it has signed deal with PT Surya Commodities to acquire 99.99 percent shares of PT Jambi Prima Coal (JPC) on September 30, 2011 .

JPC holds a coal mining concession with production license in Sarolangun regency, Jambi.

The company did not give further detail. (alex)

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