PTBA Will Add in the Transpacific Share Ownership
Forex November 9th, 2010
PT Tambang Coal Bukit Asam Tbk (PTBA) will increase its shareholding in PT Transpacific Railway Infrastructure that will work on the construction of the railway project and a coal port in South Sumatra.
It is said to be the Managing Director of Corporate Relations, Mining & Resources Rajawali Group Darjoto envoy told reporters during a public presentation event Eatertainment International Tbk PT (SMMT) in Jakarta on Monday (6/21/2010).
In addition, he also said that PTBA will increase shareholding in PT Transpacific Railway Infrastructure development will be working on this project.
“PTBA wants to raise its share, approximately 10-35 percent of the portion of the current ownership. The total investment remains the same Rp1, 5 billion. But later, the portion of its ownership could change,” he added.
He continued, if the plan PTBA it done, then the portion of the shares in PT Bukit Asam Transpacific Railway is 55 percent owned by the Rajawali Group, PT Bukit Asam Transpacific Railway (BATR), China Railway Group Limited (10 percent) and PTBA 35 percent.
For your information, Transpacific is 80 percent owner of PT Bukit Asam same Transpacific Railway (BATR). While other owners are China Railway Group Limited (10 percent) and PTBA 10 percent.
Later, BATR will be working on the railway line along the 307 kilometers with a payload capacity 27 million tons per year. Coal is transported in railway construction project and the port’s coal comes from mines Banko Tengah, Tanjung Enim, South Sumatra to Srengsem, Lampung
