Inactive Instrument

PT Sugih Energy Tbk

Equities

SUGI

ID1000092000

Oil & Gas Exploration and Production

Ortus Holdings Limited signed a conditional sales and purchase agreement to acquire 16% stake in PT Sugih Energy Tbk for IDR 1.4 trillion.

March 01, 2013 at 09:30 am IST

Ortus Holdings Limited signed a conditional sales and purchase agreement to acquire 16% stake in PT Sugih Energy Tbk (JKSE:SUGI) for IDR 1.4 trillion on March 1, 2013. Ortus Holdings will pay IDR 350 per share. The transaction is expected to close in April 30, 2013.

Latest news about PT Sugih Energy Tbk

PT Sugih Energy Tbk(JKSE:SUGI) dropped from S&P Global BMI Index	19/16/19	CI
PT Sugih Energy Tbk Announces Management Changes	25/16/25	CI
Sugih Energy International Pte. Ltd. announced that it expects to receive SGD 100 million in funding from PT Sugih Energy Tbk.	23/15/23	CI
PT Sugih Energy Tbk cancelled the acquisition of 51% stake in Ramba Energy Limited.	11/14/11	CI
Ortus Holdings Limited cancelled the acquisition of 16% stake in PT Sugih Energy Tbk.	01/14/01	CI
A third party acquired 51% stake in PT Resources Jaya Teknik Management Indonesia from PT Sugih Energy Tbk IDR 5.5 billion.	27/13/27	CI
PT Sugih Energy Tbk made a voluntary conditional offer to acquire 51% stake in Ramba Energy Limited for approximately SGD 110 million.	06/13/06	CI
PT Sugih Energy Tbk and PT Sugih EP Indonesia completed the acquisition of International Mineral Resources, Inc. from Demeter Energies Corp.	31/13/31	CI
PT Sugih Energy Tbk and PT Sugih EP Indonesia completed the acquisition of PT Petronusa Bumibakti from PT Bagus Setia Giri and Dwijaya H. Surya.	30/13/30	CI
PT Sugih Energy Tbk and PT Sugih EP Indonesia signed a conditional share purchase agreement to acquire International Mineral Resources, Inc. from Demeter Energies Corp.	23/13/23	CI
PT Sugih Energy Tbk and PT Sugih EP Indonesia signed a conditional share purchase agreement to acquire PT Petronusa Bumibakti from PT Bagus Setia Giri and Dwijaya H. Surya.	23/13/23	CI
Ortus Holdings Limited signed a conditional sales and purchase agreement to acquire 16% stake in PT Sugih Energy Tbk for IDR 1.4 trillion.	01/13/01	CI
PT Sugih Energy Tbk acquired 51% stake in PT Resources Jaya Teknik Management Indonesia from PT Parwa Nusantara Technology for IDR 5.1 billion.	15/12/15	CI
PT Sugih Energy Tbk completed the acquisition of 49% stake in Lemang Block in Jambi Province from Roots Capital.	29/12/29	CI

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Company Profile

PT Sugih Energy Tbk is an Indonesia-based company engaged in oil and gas exploration and production. Through its subsidiaries, the Company holds participating interest in a number of exploration blocks in Sumatera Island, Indonesia, such as Lemang PSC block, Selat Panjang PSC block and Kalyani PSC block. Selat Panjang PSC block and Kalyani PSC block are operated by its subsidiaries, Petroselat Ltd and Eurorich Group Ltd, respectively, while Lemang PSC block is operated by a third-party company.

Sector

Oil & Gas Exploration and Production

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