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Choosing the Stock Exchange— Not a Partner

Wednesday, November 10, 2010

Krakatau Steel’s privatization plan has been controversial since 1999. Foreign investors have been refused, while funds have been gathered through the stock exchange.

arsip tempo : 173228244968.

. tempo : 173228244968.

THE shop selling PT Krakatau Steel shares at the Bank Mandiri branch in Jalan Abdul Muis, Jakarta, was already closed on Thursday last week. But Anderson, a would-be retail buyer from Ciputat, Tangerang, has not stopped going there. “Would you believe it, you have to pay in cash, I’m not allowed to make a transfer,” said the 60-year-old man to Tempo. The reason given is that he has only obtained one single lot, alias 500 shares worth Rp425,

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