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Indo Straits obtains contract extension of transshipment services

28 December 2018 10:16 AM  Company: PT. Indo Straits Tbk[PTIS]
Rp. 0  -262 (0%)

JAKARTA - On 26 December, PT Pelayaran Straits Perdana, a subsidiary of PT Indo Straits Tbk (PTIS), succeeded in obtaining a contract extension of transshipment  service from a coal company in South Sumatra.

Based on information disclosure on the IDX, the term of the contract will expire in December 2020 with a contract value of US$ 7.2 million.

This contract extension is believed to provide promising confidence to the the company's sustainability in the future. The contract is also expected to improve the company's overall financial performance. (LM)

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PT. Indo Straits Tbk [PTIS]   Rp. 0   -262 (0%)