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Protasco Bhd announces acquisition of equity interest in PT Anglo Slavic Indonesia

Wednesday, 29 Jan 2014 07:00pm EST 

Protasco Bhd:Says it has entered into an amended and restated sale and purchase agreement with the Vendor to amend, vary and restate, in its entirety, the sale and purchase agreement dated Dec. 28 entered into between Protasco and PT ASU.Says Restated SPA entails Protasco acquiring 78,750,000 ordinary shares of 1,000 Indonesian Rupiah each in PT ASI (Restated Sale Shares), representing 63 pct equity interest in PT ASI from PT ASU.Terms were not disclosed. 

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