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Jakarta Post
The Jakarta Post
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Pertamina to wrap up acquisition of Rekind

  • Amahl S. Azwar

    The Jakarta Post

Jakarta | Thu, February 21 2013 | 12:32 pm

PREMIUM State-controlled oil and gas firm PT Pertamina hopes it will be able to conclude the company’s acquisition of a majority stake in state-owned engineering and construction company PT Rekayasa Industri (Rekind) by the end of this year.

Pertamina investment planning and risk-management director Afdal Bahaudin said on Wednesday the company was speeding up the process to take over Rekind, whi...