PT Rukun Raharja (RAJA), a company engaged in transmission and distribution of natural gas, has divested 33% shares in subsidiary PT Panji Raya Alamindo (PRA) to TG&D Investment Holdings Pte Ltd, subsidiary of Tokyo Gas Co Ltd, for US$37.83 million value, representing 40.6% of RAJA’s equity per June this year (US$93.14 million).To subscribe please click here