Wed Dec 18, 2013 8:40pm EST
Newly listed PT Industri Jamu dan Farmasi Sido Muncul Tbk plans to spend 1 trillion rupiah ($82.2 million) next year for business expansion in the property sector, said Director David Hidayat in Investor Daily.
The country's biggest herbal medicine producer will build a hotel and work on real estate in Central Java and Yogyakarta.
Note: Reuters has not verified this story and does not vouch for its accuracy.
($1 = 12,165 rupiah) (Compiled by Jakarta Newsroom; Editing by Prateek Chatterjee)
Newly listed PT Industri Jamu dan Farmasi Sido Muncul Tbk plans to spend 1 trillion rupiah ($82.2 million) next year for business expansion in the property sector, said Director David Hidayat in Investor Daily.
The country's biggest herbal medicine producer will build a hotel and work on real estate in Central Java and Yogyakarta.
Note: Reuters has not verified this story and does not vouch for its accuracy.
($1 = 12,165 rupiah) (Compiled by Jakarta Newsroom; Editing by Prateek Chatterjee)
via Smart Health Shop Forum http://feedproxy.google.com/~r/SmartHealthShopForum/~3/3hV0kEzXp0w/15686-indonesia-press-sido-muncul-plans-expansion-property-business-investor-daily.html
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