Divestment Stumbling Block?

Indosat's extraordinary shareholders meeting was nearly prevented due to protests by employees. The matter of a "special purpose vehicle" is being questioned.

January 7, 2003

FUAD Bawazier eyed the fence in front of him. More than 1 meter high, it was clearly going to be difficult to jump over. However, on Thursday last week, the "well-covered" 53-year-old former Minister of Finance did not consider this an insurmountable problem, in terms of gaining access to the PT Indosat office on Jalan Merdeka Barat, Jakarta. With the assistance of his aides, this Indosat shareholder, wearing a batik shirt that afte

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