Bukit Asam (PTBA) delayed its plan to increase its stakes in PT Bukit Asam Pacific Railways (BATR)

PTBA:  Bukit Asam (PTBA) delayed its plan to increase its  stakes in  PT Bukit Asam Pacific Railways (BATR). PTBA is prioritizing  over  BATR`s business and restructuring plan. Previously PTBA plans to increase its stakes  to 20% from 10%. Currently, BATR is owned by Rajawali Group (80% stakes), China Railway Group Limited (10%), and PTBA (10%). (Kontan)