Astra Otoparts to acquire 51% of shares in Indonesian wheel manufacturer
PT. Astra Otoparts Tbk and Indonesia-based PT. Pakoakuina have signed an agreement which Astra Otoparts plans to acquire 51 percent shares of Pakoauina by buying minority shareholders' shares and all new shares of Pakoakuina. Pakoakuina manufactures alloy wheel rims, both for two-wheeled and four-wheeled vehicles for....
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