Four Suitors at the Midway Point
Four investors have passed the first selection stage of the divestment tender for the government's shares in Indosat. Several could still, however, hold up the sales process.
November 19, 2002
JUST like the pretty girl who becomes the village beauty, Indosat is now in the midst of being wooed by suitors who have come from far and wide all competing for her favours. In the beginning, there were a total of eight investors in the fray, but half of them have already fallen by the wayside. Now, the four remaining would-be purchasers of the Indonesian government's shares in Indosat are at the midway point of the competition. They are: Des
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