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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Pgi Grp | LSE:PGI | London | Ordinary Share | GB0006911696 | ORD 25P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 8.75 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:8809S PGI Group PLC 19 October 2005 PGI Group Plc PGI Group Plc ("the Group") announces that its subsidiary The Anglo-Indonesian Corporation Ltd has disposed of the whole of its 65% shareholding in P T Tatar Anyar, Indonesia ("PTTA") to Mr A Z Soeleiman for a cash consideration of US$655,000 paid in full on completion. PTTA operates three tea estates and a rubber estate in Java. The value of its gross assets, in the last published group accounts, at 31st December 2004 amounted to #3.048 million and for the year ended on that date it recorded a loss before tax of #223,000. The consideration has been satisfied in cash and the proceeds will be used by the Group to reduce net group borrowings. The disposal represents a step in the policy declared at the time of the acquisition of Jensen for the Group to focus on its continuing plantation operations in Africa and on the Russian property investment management company. This information is provided by RNS The company news service from the London Stock Exchange END DISUKAURVKRRAAA
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