Business
Completion of Acquisition
Completion of Acquisition.
About this update from Aep Plantations Plc
[{"type":"text","content":"\n Anglo-Eastern Plantations PLC\n07 June 2007\n\n\n\n\n\n\nThursday 7 June 2007\n\n ANGLO-EASTERN PLANTATIONS PLC\n\n Completion of Cahaya Pelita Andhika acquisition\n\nOn 17 May 2007, AEP announced that it had entered into a contract to acquire,\nfor $6.37 million, 90% of the issued share capital of PT Cahaya Pelita Andhika,\nan Indonesian company whose principal asset is an oil palm estate in the\nprovince of North Sumatra with a land title area of 4,469 ha, of which 2,750 ha\nare planted.\n\nAEP now announces the completion of that transaction.\n\nFollowing the acquisition, AEP's total planted area is 37,800 ha and its total\nland area is 49,300 ha.\n\nEnquiries:\n\nAnglo-Eastern Plantations Plc 020-7236 2838\nRollo Barnes (Finance Director)\n\nBankside Consultants Ltd.\nCharles Ponsonby 020-7367 8851\n\n\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange\n \n ","length":1293,"tagName":"div"}]