SUBSCRIBERS

DMX Technologies sells stake in Indonesian company for US$7.5m

Published Tue, Jun 20, 2017 · 09:50 PM
Share this article.

Singapore

A UNIT of solutions provider DMX Technologies has reached a conditional agreement to dispose of its 60 per cent stake in PT Packet Systems Indonesia (PSI) for US$7.5 million.

Part of the proceeds will be used to fund an extended scope audit on the company, it said in a release on Tuesday night.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Companies & Markets

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here