KUALA LUMPUR (Yosefardi) – Protasco Berhad and PT Anglo Slavic Utama (ASU) are still in the midst of procuring and fulfilling the Conditions Precedent of the SPA.
Protasco proposes to acquire 95 million ordinary shares of Rp1,000 each in ASU.
Anglo Slavic is an investment holding company whose principal activities are investing in oil and gas assets. Its authorized share capital reached Rp500 billion as at 26 December 2012.