VIVAnews - It is reported that PT Tunas Baru Lampung Tbk. (TBLA) is eyeing at PT Star Energy.
A VIVAnews source said the company is willing to acquire Star Energy in line with the issue that PT Barito Pacific Timber Tbk. has canceled acquire the company.
"In addition to sharing the dividends of the 2008 fiscal year, the issuer also wants to bid Star Energy," the source stated on Tuesday night, March 10.
The source also added that the action was set out to speed up the issuer's plan of working on bio-diesel.
Corporate Secretary of Tunas Baru, Hardy, said he has not yet been informed of about the plan. "We haven't heard anything about it," he told VIVAnews on Tuesday, March 10.
Per 31 January 2009, PT Budi Delta Swakarya owned TBLA-coded shares by 29.69 percent and PT Sungai Budi by 27.46 percent.
On Tuesday trade, TBLA increased by Rp 4 (2.07 percent) at Rp 197 on the closing trade. YP-coded broker PT eTrading Securities was recorded as collecting most shares of Tunas Baru Lampung.
According to the capital market analyst, Deni Hamzah, the plan to acquire Star Energy has not affected the TBLA's performance in the mean time since the technology of bio-diesel fuel is still far-developed.
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Translated by: Ariyantri E. Tarman
