Shares of plantation firm Palma Serasih (PSGO) gained 6.15% to Rp138 on Tuesday (November 28) as investors welcomed the acquisition of two PSGO’s subsidiaries–PT Agro Bumi Kaltim (ABK) and PT Nusantara Agro Sentosa (NAS)–by PT Evans Indonesia, wholly-owned subsidiary of LSE-listed M.P. Evans Group PLC. PSGO is now valued at Rp2.6 trillion.To subscribe please click here
