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BRIEF-Gurit forms joint venture for balsa wood production in Java​
2017年6月23日 / 下午3点50分 / 1 个月内

BRIEF-Gurit forms joint venture for balsa wood production in Java​

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June 23 (Reuters) - GURIT HOLDING AG:

* ‍SIGNED AN AGREEMENT TO FORM A JOINT VENTURE FOR BALSA WOOD PRODUCTION IN JAVA, INDONESIA​

* GURIT TO HOLD 55% AND SETIYO BUDI NUGROHO TO HOLD 45% OF SHARES IN NEWLY FOUNDED COMPANY PT GURIT PARTA BALSA​

* ‍JV PARTNERS AGREED TO INVEST INTO PLANTATIONS AND PROCESSING FACILITIES DURING 2017/18 TO ACCOMMODATE BUSINESS GROWTH​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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