Waiting to Erupt

THE flames of Unibanks negotiable certificate of deposits (NCD) case are beginning to heat up the trading floor at the Jakarta Stock Exchange. On Friday JSE authorities stopped trading of shares belonging to PT Citra Marga Nusaphala Persada Tbk (CMNP) and PT Bimantara Citra Tbk. The reason? There were rumors that a consortium of investors is striving to annex the two.

According to the Investor Daily newspaper, the consortium is called Crown Capit

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