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BRIEF-Golden Agri-Resources Announces Divestment Of Pt Sinarmas Distribusi Nusantara

Reuters SG

April 1 (Reuters) - Golden Agri-Resources Ltd:

* ANNOUNCES UNIT'S PARTICIPATION IN OLYMPUS FUND, L.P. AND DIVESTMENT OF PT SINARMAS DISTRIBUSI NUSANTARA

* UNIT'S PARTICIPATION IN FUND VIA LIMITED PARTNERSHIP INTEREST, FOR CONTRIBUTIONS BY CO OF NON-CASH, CASH CONTRIBUTION

* NET CASH CONTRIBUTION SHALL BE US$15.7 MILLION

* NON-CASH CONTRIBUTION IS PROPOSED DIVESTMENT OF PT SINARMAS DISTRIBUSI NUSANTARA TO FUND, FOR US$39 MILLION Source text for Eikon: Further company coverage: