Barito group buys into APC

Sat, 30 Sep 1995 | Source: REUTERS

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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