UT adds coal mine portfolio

Monday, July 19 2010 - 03:54 PM WIB

IDX-listed heavy equipment distributor and coal miner PT United Tractors Tbk reported on Monday that its coal-mining subsidiary PT Tuah Turangga Agung has completed acquisition of 60 percent shares of PT Agung Bara Prima (ABP) on July 15, 2010.

ABP is a coal mining firm with concession located in Kapuas Tengah regency, Central Kalimantan.

The Company did not give further detail. (alex)

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