Bintan Alumina Indonesia had a new partner, and the three sides signed a cooperation agreement
2019-11-15 09:06:24
On November 15, Singapore Global Aluminium International Pte Ltd., Media Kreasindo Utama (MKU) and Press Metal Bhd. signed the Share Subscription Agreement and the Shareholders Agreement of Bintan Alumina Indonesia (BAI, an overseas subsidiary of Nanshan Aluminum) at the provincial government of Riau Archipelago, Indonesia. Press Metal Bhd. will increase its investment in BAI and jointly carry out the future alumina project. Wang Shujian, Executive Vice Governor of Shandong Province, Isdianto, Acting Governor of Riau Archipelago, Zhang Bin, Director of Shandong Provincial State-owned Assets Supervision and Administration Commission, Wang Zhong, Executive Deputy Mayor of Yantai, Song Jianbo, Chairman of Nanshan Group, Cheng Rence, Chairman of Nanshan Aluminum, Zhang Guodeng, Chairman of MKU, Guan Baoqiang, Chairman of Press Metal Bhd., etc. attended the signing ceremony.
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