Brief: Interra Resources Entered Into A Joint Venture With Two Indonesian Incorporated Companies
09/10/2023 15:51
Oct 9 (Reuters) - Interra Resources Ltd INTR.SI :
* ENTERED INTO A JOINT VENTURE WITH TWO INDONESIAN
INCORPORATED
COMPANIES, PT MITRA INVESTINDO TBK AND PT PRIMA ASET LESTARI
* UNDER JV, CO AND INDONESIAN PARTIES TO INCORPORATE NEW
JOINT
VENTURE CO IN INDONESIA CALLED PT MITRA BIOMASS INTERNASIONAL
* INITIAL SHARE CAPITAL OF JV COMPANY WILL BE 11 BILLION
RUPIAH
* COMPANY WILL BE PAYING 4.4 BILLION RUPIAH FOR ITS 40%
STAKE IN
JV CO
Source text for Eikon: ID:nSN9D3F2d
Further company coverage: INTR.SI
((Reuters.Briefs@thomsonreuters.com;))
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