Samudera Indonesia Allocates USD190Mn of Capex

Samudera Indonesia, Tbk (SMDR:IJ) allocates USD190Mn capital expenditure (capex) in FY18. The company plans to purchase maximum 15 units of ships this year and to acquire Cold Logistic company, which will be completed in 1Q18. Samudera will acquire 67% shares of Adib Cold Logistics.To subscribe please click here