A New Chapter Begins: GRP Successfully Completes Investment Partnership in its Structural Steel Business, Garuda Yamato Steel, with Yamato Kogyo, Hanwa and Siam Yamato Steel.
PR NewswireJun 6, 2024
JAKARTA, Indonesia, June 6, 2024 /PRNewswire/ -- In a significant move signalling a new phase of growth and expansion, PT Gunung Raja Paksi Tbk ("GRP") and its affiliated company, PT Gunung Garuda ("GRD"), are pleased to announce the successful completion of the sale process involving a combined 95% stake in its subsidiary, PT Nusantara Baja Profil ("NBP"), to Yamato Kogyo Corporation ("YKC"), Siam Yamato Steel ("SYS"), and Hanwa Indonesia (