Letter
Adaro's Clarification
WITH regards to the Royalty Vs. Refunds article published in Tempo's June 13-19 issue, we, Adaro Energy, as effective shareholders of Adaro Indonesia (Adaro), wish to deliver our clarification. The article's subtitle contains inaccurate information that does not correspond with actual facts, stating that Adaro is one of the five royalty defaulters with arrears amounting to Rp1.2 trillion and US$399 million. This could potentially cause misperception among readers.
June 21, 2016
Adaro's Clarification
WITH regards to the Royalty Vs. Refunds article published in Tempo's June 13-19 issue, we, Adaro Energy, as effective shareholders of Adaro Indonesia (Adaro), wish to deliver our clarification. The article's subtitle contains inaccurate information that does not correspond with actual facts, stating that Adaro is one of the five royalty defaulters with arrears amounting to Rp1.2 trillion and US$399 million. This could potentia
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