Indocopper joins Freeport

Thu, 03 Aug 1995, 00:00 WIB | Source: JP

JAKARTA (JP): The shareholders of PT Indocopper Investama
Corporation agreed yesterday to the company's plan on acquiring a
nine percent stake at PT Mining Service Company International,
which is controlled by Freeport-McMoran Copper & Gold Inc.

Indocopper said that 21.37 million shares, 99.79 percent of
the company's total shares, were represented at yesterday's
shareholders' extraordinary meeting and none of the company's
independent shareholders lodged a disagreement to the company's
proposal.

Mining Service Company operates in mining services.(rid)

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