Sinar Mas Acquires Billford

JAKARTA (Yosefardi) – Golden Agri-Resources Ltd, controlled by Sinar Mas Group, acquires 100% of the issued and paid-up share capital of Billford Investment Corporation Ltd. (BIC) for US$53.6 million. BIC, a company established in Malaysia, together with its...

Welby, Blossom to Buy 10% ENRG Shares

JAKARTA (Yosefardi) – Two global investment firms, Welby Capital Ltd and Blossom Global Assets Ltd commit to buy 4.46 billion new shares of PT Energi Mega Persada Tbk (ENRG), representing 10% of ENRG enlarged shares capital, at price of Rp100 per share. ENRG...