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

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

This article is closed for comments.
Please Email the Editor

You May Also Like