New Boss, Old Stock

August 2, 2005

THE winds of change will hit Semen Padang and Semen Tonasa in the future. During the last few weeks, these two subsidiaries of Semen Gresik have both been busy in the process of changing their bosses. The government and Cemex Asia Holdings Ltd. (Mexico), the two largest shareholders of Semen Gresik, have already sorted out who will become members of the boards of directors of these two cement manufacturing companies.

The position of Managing Dire

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