Sekawan plans to acquire coal mine
Wednesday, June 24 2015 - 01:06 AM WIB
By Romel S. Gurky
IDX-listed PT Sekawan Intipratama Tbk said that it is planning to acquire PT Putra Dewa Jaya (PDJ), which operates a coal mine in Kutai Kartanegara, East Kalimantan.
The company said in a filing with the Indonesia Stock Exchange on Tuesday that it is currently making evaluation process of the acquisition plan, hopefully to be completed in July.
Sekawan said that PDJ?s 1,057-hectare mine has coal resources of more than 1.3 million tons, with calorific value of 6,800-7,800 kcal/kg.
Editing by Reiner Simanjuntak