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CORPORATE ACTIONS
A Maze of Acquisitions

Tuesday, February 17, 2009

Traces of the Bakrie Group are found throughout three companies that Bumi Resources acquired. Bapepam-LK plans to carry out a full revaluation of each of the three.

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MEMBERS of the board of directors of Bumi Resources are now breathing more easily. On Tuesday last week, the series of acquisitions that had been accelerated by this coal company nearly ended up being tinkered with by the House of Representatives (DPR). Together with Bank Century, PT Antaboga Delta Sekuritas and PT Sarijaya Permana Sekuritas, the name of Bumi was included in meeting agenda between the DPR and the Capital Market & Financial Instit

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