PT Citra Tubindo Tbk acquired a plant located in Kepulauan Riau Province in Batam City from PT Hymindo Petromas Utama for $2.5 million.
August 11, 2015 at 12:00 am EDT
PT Citra Tubindo Tbk (JKSE:CTBN) acquired a plant located in Kepulauan Riau Province in Batam City from PT Hymindo Petromas Utama for $2.5 million on August 8, 2015. The assets acquired were a plant located in the City of Batam, Kepulauan Riau Province which includes 10,016 square meter land, plant machineries & equipment's, office equipment's, furniture, and fixture and also motorized vehicles. PT Citra Tubindo Tbk made the payment using internal cash.
PT Citra Tubindo Tbk (JKSE:CTBN) completed the acquisition of a plant located in Kepulauan Riau Province in Batam City from PT Hymindo Petromas Utama on August 8, 2015.