Sorry for Any Inconvenience

Holdiko Perkasa has stopped selling off Salim Group assets ever since the Business Competition Oversight Commission (KPPU) slapped the company with a hefty fine.

June 11, 2002

ALL of a sudden, Holdiko Perkasa has sent itself on holiday. In traders terms, it seems as if Holdiko has shut up shop without giving any indication of when it will reopen. This smacks of tempting fate and is something that no self-respecting merchant would ever do. But Holdiko, which trades in Salim Group assets, is no ordinary trader. It was expressly set up by the Indonesian Bank Restructuring Agency (IBRA) to sell off Salim Group assets. Proc

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