Others

Updates

| Updated on March 18, 2011 Published on March 18, 2011

Bombay Burmah Trading Corporation Ltd has informed BSE that the Corporation has on March 17, 2011, sold and transferred all of the 503 shares held by it, representing 50.3% shareholding of P.T. Indo Java Rubber Planting Company, a subsidiary of the Corporation to a fellow Shareholder at a USD 15 Million for sale of shares and value of current assets estimated at USD 0.7 Million.

As a result P.T. Indo Java Rubber Planting Company will cease to be a subsidiary of the Corporation.

Source : BSE - >www.bseindia.com

Published on March 18, 2011
This article is closed for comments.
Please Email the Editor