PT Golden Eagle Energy, a unit of Rajawali Group, plans to buy more than 51 percent shares in coal companies in either South Sumatra or East Kalimantan, worth up to about $94 million, said CEO Hendra Surya. (Investor Daily)
Note: Reuters has not verified this story and does not vouch for its accuracy.
(Compiled by Jakarta Newsroom; Editing by Gopakumar Warrier)
($1 = 11790 Rupiahs)