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INDONESIA PRESS-BW Plantation to sell 10 pct stake via private placement- Investor Daily
October 23, 2013 / 1:43 AM / 4 years ago

INDONESIA PRESS-BW Plantation to sell 10 pct stake via private placement- Investor Daily

The company aims to raise 344.33 billion rupiah ($30.49 million) to strengthen its capital for the next two years. The plan is subject to approval from shareholders in an extraordinary meeting scheduled in Nov. 6, the Investor Daily reported.

($1 = 11,291.5 rupiah)

* Note: Reuters has not verified this story and does not vouch for its accuracy. (Compiled by Rin Hindryati; Editing by Supriya Kurane)

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