Xurpas divests 49% stake in Indonesian firm

MANILA, Philippines — Xurpas Inc. has approved the sale of its 49-percent equity interest in Indonesian firm PT Sembilan Digital Investama (PT SDI), a move aimed at generating fresh funds for the technology firm’s working capital requirements. In a disclosure on Wednesday, Xurpas said it expects to receive 5 billion Indonesian rupiah or about P17.6