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TRIL explores new business acquisitions

01 December 2020 11:30

JAKARTA - PT Triwira Insan Lestari Tbk (TRIL), an importer and supplier of safety equipment in mining sector, plans to acquire other subsidiary businesses to increase next year’s revenue. This was conveyed by Lukas Maulana Yusuf, President Director of PT Triwira Insan Lestari Tbk (TRIL), in the report of public expose on Tuesday (12/1).

"The acquisition plan for other subsidiaries will be carried out in 2021, in which the main source of funds will come from additional capital injection from shareholders," he said.

In the acquisition plan, Yusuf did not specify the name of the companies.

Recently, TRIL has acquired PT Crownindo Unggul Permai, a port operator company for coal transportation. The business prospect in this sector is still considered promising, align with the high demand for coal transportation to date. (LK/VA)

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