From Light to Darkness

LADY Luck doesnt seem to be on the side of the Bakrie Group business empire. After the mudflow disaster in Sidoarjo bleeding Lapindo Brantas Inc.s coffers dry, the mega-transaction agreement on the sale of two coal companies is now high and dry.

The two subsidiaries of PT Bumi Resources Tbk to be sold were PT Kaltim Prima Coal and PT Arutmin Indonesia. In the agreement signed on March 16, the twoplus PT Indocoal, a coal-exporting companywere going

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