Companies

Punj Lloyd arm to buy stake in Indonesian mine

Our Bureau New Delhi | Updated on April 11, 2011


Punj Lloyd Ltd said on Monday its Singapore-based subsidiary, Sembawang Engineers and Constructors, has entered an agreement to acquire a 50 per cent stake in a thermal coal mine company in Indonesia. The acquisition will be done through Sembawang Development Pte Ltd, a unit of Sembawang Engineers, Punj Lloyd said in a filing to the Bombay Stock Exchange.

Published on April 11, 2011

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