{
    "success": true,
    "data": {
        "id": 1517204,
        "msgid": "argha-karya-sells-asset-1447893297",
        "date": "1997-06-05 00:00:00",
        "title": "Argha Karya sells asset",
        "author": null,
        "source": "JP",
        "tags": null,
        "topic": null,
        "summary": "Argha Karya sells asset JAKARTA (JP): PT Argha Karya Prima Industry, manufacturer of flexible packaging, announced yesterday it signed an agreement to sell its converting division to Germany's VAW Europack GmbH. The publicly listed company said the sale included the major portion of the converting division's fixed assets. The transaction is subject to customary conditions, including satisfactory due diligence investigation.",
        "content": "<p>Argha Karya sells asset<\/p>\n<p>JAKARTA (JP): PT Argha Karya Prima Industry, manufacturer of<br>\nflexible packaging, announced yesterday it signed an agreement to<br>\nsell its converting division to Germany's VAW Europack GmbH.<\/p>\n<p>The publicly listed company said the sale included the major<br>\nportion of the converting division's fixed assets.<\/p>\n<p>The transaction is subject to customary conditions, including<br>\nsatisfactory due diligence investigation.<\/p>\n<p>The sale of the converting division would make Argha Karya's<br>\noperational activities more focused on the film division and<br>\nfurther strengthen its market and financial position.<\/p>\n<p>The converting division is part of Argha Karya's operating<br>\nfacilities, which convert several basic materials provided by its<br>\nupstream film division as well as from other material suppliers<br>\ninto finished flexible packaging products. (hen)<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/argha-karya-sells-asset-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}