07 June 2021

Business Diversification in the Gas Industry by acquiring a CNG Company

Business Diversification in the Gas Industry by acquiring a CNG Company

PT Rukun Raharja, Tbk through its subsidiary, PT Energasindo Heksa Karya, acquired 85% share ownership of PT Artha Prima Energy, this company is engaged in the distribution and trading of CNG. The acquisition is a business diversification carried out by the Company, so in 2021 the Company will begin to expand its customer network by distributing and trading gas through CNG. Currently, these CNG customers are spread across West Java and Central Java. Currently,  majority of customers served by APE are the Food and Beverage industry and the Hospitality Industry.