Tag: PT Golden Mines Tbk

GMR Group to divest it’s 30% equity stake in PT GEMS

GMR Coal Resources Pte Ltd (GCRPL), a stepdown subsidiary of GMR Power and Urban Infra Limited (GPUIL), has entered into definitive agreements to divest the 30% equity stake it holds in PT Golden Energy Mines Tbk (PT GEMS) to PT Radhika Jananta Raya (Purchaser) a subsidiary of PT ABM Investama Tbk (ABM), following a competitive…