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Provider: Reuters Investment Profile
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CWT Ltd Announces Divestment Of Shareholding In Pt Straits Bullion

Monday, 22 Apr 2013 05:15am EDT 

CWT Ltd announced the divestment of its entire 50.03% shareholding in PT Straits Bullion (PTSB) to its partner in PTSB on a willing-buyer-willing-seller basis. The consideration is determined based on the audited Net Asset Value as at December 31, 2012, adjusted for the restructuring cost of PTSB. The principal activity of PTSB involves the sale and distribution of bullion and related products to Indonesian investors. 

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21 Nov 2014