Newcrest Finalizes the Gosowong Sale

Makarim & Taira S. (M&T) assisted PT Indotan Halmahera Bangkit in the acquisition of 100% of Newcrest Singapore Holdings Pte Ltd (NSH) which owns 75% of PT Nusa Halmahera Minerals (PT NHM) and 100% of PT Puncakbaru Jayatama (PTPJ). PTNHM, that is now owned by PT Indotan Halmera Bangkit which together with PT Aneka Tambang Tbk (PT Antam), operates the Gosowong mine in Indonesia.