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Rabu, 02 Februari 2011

The Indonesia Today Lautan Luas Increases Stake in Two Units


Chemical manufacturer and distributor PT Lautan Luas Tbk (LTLS) has increased its ownership in PT Findeco Jaya and PT Lautan Natural Krimerindo (LNK) to 37.87% and 99.93% respectively.

In Findeco, Winarto Adrianto divested all of his 3% shares to Lautan Luas and PT Wings Surya. Findeco, an affiliated company of Lautan Luas, is established in 1975 and began production in 1978. It has annual production capacity of 30,000 metric tons of branched alkylbenzene sulphonic acid (BAS) and linear alkylbenzene sulphonic acid (LAS).

In LNK, the company acquired shares from Indrawan Masrin, President Director of Lautan Luas and Commissioner of PT Unggul Indah Cahaya Tbk. LNK, domiciled in Mojokerto, East Java,, producing vegetable creamer.  Lautan Luas is 63.04% owned by PT Caturkarsa Megatunggal, and 36.96% owned by public.
Posted by Saham Pilihan at 14.47

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