Paper Edition | Page: 13 Coal miner PT Borneo Lumbung Energi & Metal (BORN) said that it expected to reach a deal on the sale of part of its stake in coal mining subsidiary PT Asmin Koalindo Tuhup (AKT), before the year’s end to either support expansion or pay part of its debts. Borneo president director Alexander Ramlie said that his company was in talks with five potential buyers interested in establishing a partnership in AKT. “We are speaking with several potential strategic partners and we believe that some of them will submit formal bids to...
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