Cement Industry
Investor Confidence Crumbling

A SURPRISING piece of news came from the floor of the Indonesia Stock Exchange. On Wednesday two weeks ago, Blue Valley announced that it had already sold shares in PT Semen Gresik Tbk. This business unit of the Rajawali Corporation released 22.8 percent of shares worth Rp9.48 trillion to several large investors through the negotiation market.

This information made public investors anxious. The largest cement company in Indonesia has been floode

Subscribe to continue reading.
We craft news with stories.

For the benefits of subscribing to Digital Tempo, See More

The Best Choice

Rp 750.000/12 months

• *Flexible payment methods
• *Unlimited access to Tempo Plus & Tempo Magz

Subscribe

Rp 386.280/6 months

• *Auto-renews every 6 months
• *Cancel at anytime
• *Unlimited access to Tempo Plus & Tempo Magz

Subscribe

See Other Packages

Already a Subscribed? Log in here
To receive daily news by Email, Sign up for Tempo ID.