GMR Infrastructure on Friday said its subsidiaries have entered into a pact for divestment of the Indonesian coal mining entities to PT GEMS. GMR Energy Netherlands and GMR Infrastructure Overseas, its subsidiaries, entered into conditional share purchase agreements with PT Golden Energy Mines Tbk for sale of 100 per cent equity and mandatorily convertible bonds in PT Dwikarya Sejati and three others. It, however, did not disclose the deal size.

(This article was published on May 12, 2017)
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