Investor Blues

The KPI is pushing for unlimited share tendering in broadcasting corporationsexisting regulations only allow for 20 percent foreign shareholding.

August 17, 2004

INDONESIAN Private Television Association Chairperson, Karni Ilyas, has spoken out against allegations that public broadcasting corporations could be manipulated by shareholders. "I have never received any phone calls from investors attempting to influence the material we broadcast," said Karni recently in response to rumors that publicly funded commissions are vulnerable to investor interference. Karni's comments come as the governm

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