Cemex-Rajawali deal signed
Rajawali Corporation and Indonesia government finally signed shareholders agreement this morning to mark the formal approval of Rajawali's acquisition of 24.9% shares of PT Semen Gresik Tbk previously owned by Cemex SA.
People close to the deal said crossing of shares would be conducted on Wednesday.
As the new shareholder, Rajawali is eligible to have three representatives in the management, in the position of deputy president commissioner, deputy president director, and director. It's interesting to see who will represent Rajawali in these positions.
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People close to the deal said crossing of shares would be conducted on Wednesday.
As the new shareholder, Rajawali is eligible to have three representatives in the management, in the position of deputy president commissioner, deputy president director, and director. It's interesting to see who will represent Rajawali in these positions.
Labels: Rajawali Corp
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