Tommy Winata buys Koba Tin
Friday, June 15 2007 - 02:24 AM WIB
Businessman Tommy Winata through Artha Graha Network has reportedly purchased a 41 percent stake in tin mining company PT Koba Tin on the Singapore bourse but the transaction value remains unknown.
“Tommy bought the shares in Singapore," Bangka Belitung Governor Eko Maulana Ali was quoted by Bisnis Indonesia as saying in Pangkal Pinang on Thursday.
With Tommy Winata having a 41 percent stake, PT Koba Tin is now owned by three companies - Artha Graha Network, PT Timah and Koba Tin. PT Timah controls 25 percent and Koba Tin owns the remainder. (*)