Indika Energy invests US$866 thousand

The Investor Daily-October 24, 2008 PT Indika Energy Tbk invests US$866 thousand by forming a joint venture between one of its subsidiaries, PT Indika Inti Corpindo, with South Korea-Samtan Co Ltd. Arsjad Rasjid, managing director of the company, in his public report said “this joint venture will be located in Indonesia aims to develop coal exploration business.”