Mar 31, 2015
Dwipo Lubis Baskoro and Partners has advised PT Pupuk Indonesia Logistik on the new joint venture with Universal Harvester Incorporated
Dwipo Lubis Baskoro & Partners has advised PT Pupuk Indonesia Logistik (a subsidiary of PT Pupuk Indonesia (Persero) – “PIHC Group”) on the new joint venture for the establishment of a new joint venture company in the Philippines with Universal Harvester Incorporated. This is the first overseas expansion by PIHC Group, a giant Indonesian state-owned fertilizer company. The new joint venture company is expected to expand PIHC Group’s business in the Philippines, particularly on the sales and distributions of fertilizers. The shareholders agreement were signed on 24 December 2014.