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AUSTRALIAN BUILDER CLOUGH LTD SELLS INDONESIAN BIZ FOR US$84 MLN.

Publication: AsiaPulse News
Publication Date: 07-JUL-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
SYDNEY, July 7 Asia Pulse - Australian engineering and construction company Clough Ltd (ASX:CLO) says it has received US$83.8 million for the sale of its stake in an Indonesian construction firm.

Clough said on Tuesday the sale of its 81.95 per cent stake in PT Petrosea Tbk (JAK:PTRO), an...

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