Brief: Global Palm Resources Says Unit To Buy About 94.98% Of Issued Share Capital Of Pt Bumi Raya Agro For Rp23.61 Bln

Global Palm Resources Holdings

11/12/2018 23:10

Dec 12 (Reuters) - Global Palm Resources Holdings Ltd
 GPRL.SI :
    * UNIT TO BUY ABOUT 94.98% OF ISSUED & PAID-UP SHARE CAPITAL
OF PT
BUMI RAYA AGRO AT CONSIDERATION OF RP23.61 BILLION
    * UNIT TO ACQUIRE 1,000 ORDINARY SHARE OF PT BUMI RAYA AGRO
FROM
SWANDONO ADIJANTO FOR RP4.2 MILLION
    * TOTAL CONSIDERATION OF DEALS TO BE SATISFIED IN FULL IN
CASH
USING PROCEEDS OF IPO OF CO

Source text for Eikon:  ID:nSNZ9b5Wxb 
Further company coverage:  GPRL.SI 

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