Indonesian Political, Business & Finance News

Barito group buys into APC

| Source: REUTERS

Barito group buys into APC

MANILA (Reuter): Asian Petroleum Corp (APC), an oil explorer
turned holding firm, said a group of Indonesian investors led by
PT Barito has bought about 25 percent of the company.

"There were several investors that injected funds slightly
less than 25 percent of the company," APC Chairman Jaime Gonzalez
told reporters.

He did not disclose the names of the other investors.

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