The Jakarta Post - Publicly listed automotive-parts manufacturer PT Astra Otoparts (AUTO), a subsidiary of the Astra Group conglomerate, is looking to establish three joint ventures this year in an attempt to grab new businesses, the company’s executives said.

“What is certain is that we will continue to create new business partners every year, but I cannot reveal this year’s details at the moment,” AUTO director Darmawan Widjaja said after attending the company’s shareholder’s meeting on Tuesday.

Read more...