Jakarta Post

Please Update your browser

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.

Jakarta Post
press enter to search

The Jakarta Post 34
Video Weather icon 26°C
DKI Jakarta, Indonesia
26°C Light Rain

Rain until tomorrow morning, starting again tomorrow afternoon.

  • Thu

    26℃ - 31℃

  • Fri

    26℃ - 32℃

  • Sat

    27℃ - 32℃

  • Sun

    26℃ - 30℃

Trans Airways buys 10.9% stake in Garuda

  • Raras Cahyafitri

    The Jakarta Post

Jakarta | Sat, April 28 2012 | 08:58 am

PT Trans Airways, owned by one of Indonesia’s richest businessmen, Chairul Tanjung, completed on Friday Rp 1.53 trillion (US$166.8 million) in transactions to purchase a 10.9 percent stake in national flag carrier PT Garuda Indonesia (GIAA).

Chairul, who also chairs the government-appointed think tank, the National Economic Committee (KEN), purchased the shares from underwriters of Garuda...

TRY A DIGITAL SUBSCRIPTION

Join the discussions