Brief: Golden Agri-Resources Announces Divestment Of Pt Sinarmas Distribusi Nusantara
01/04/2019 15:41
April 1 (Reuters) - Golden Agri-Resources Ltd GAGR.SI :
* ANNOUNCES UNIT'S PARTICIPATION IN OLYMPUS FUND, L.P. AND
DIVESTMENT OF PT SINARMAS DISTRIBUSI NUSANTARA
* UNIT'S PARTICIPATION IN FUND VIA LIMITED PARTNERSHIP
INTEREST,
FOR CONTRIBUTIONS BY CO OF NON-CASH, CASH CONTRIBUTION
* NET CASH CONTRIBUTION SHALL BE US$15.7 MILLION
* NON-CASH CONTRIBUTION IS PROPOSED DIVESTMENT OF PT
SINARMAS
DISTRIBUSI NUSANTARA TO FUND, FOR US$39 MILLION
Source text for Eikon: ID:nSN6799HS
Further company coverage: GAGR.SI
((Reuters.Briefs@thomsonreuters.com;))
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