Kuok buys 47% of Lonsum of Indonesia


JAKARTA: Malaysian businessman Tan Sri Robert Kuok Hock-Nien has acquired a 47.23% stake in PT Pan London Sumatera Plantation (Lonsum), Bisnis Indonesia reported, citing an unnamed source. 

It quoted the source as saying that Kuok had purchased the stake from Andre Pribadi, though he could not confirm the value of the transaction. 

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