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SI Resources to establish new subsidiary

Wednesday, 27 Apr 2016

SI Resources Co Ltd:To invest 3 bln won to set up a wholly owned subsidiary in S. Korea.New entity will be engaged in the development and distribution of resources.The new entity will be capitalized at 3 bln won.Expects transaction settlement date of April 29.

PT Resource Alam Indonesia Tbk incorporates new subsidiary

Thursday, 7 Apr 2016

PT Resource Alam Indonesia Tbk:Says that it has incorporated a new subsidiary, PT Bumi Hidro Energi, which will engage in hydro-electric power generation.Company owns 80 pct of stake in the subsidiary while Odive Karya Denny T. owns the remaining 20 pct.

SDIC Xinji Energy to establish new branch

Monday, 18 Jan 2016

SDIC Xinji Energy Co Ltd:Says the company received approval to establish branch in Huainan.


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