CAPITAL MARKETS

Straits closes major deal with PTT

INDONESIAN coal producer Straits Resources has clinched a deal to sell a 60% stake of subsidiary Straits Bulk & Industrial to Asian energy major PTT Group for up to $US335 million.

Blair Price
Straits closes major deal with PTT

Having gone into a trading halt yesterday, an official signing ceremony will be held today in Singapore to recognise a strategic co-investment alliance between the two companies. Straits said it had...

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