Garuda Stake Bought On the Cheap
Wednesday, May 9, 2012
Businessman Chairul Tanjung snaps up the remainder of Garuda Indonesia's unsold shares.
arsip tempo : 178043068467.
A thorn which, for the past year, had caused grief to state-controlled brokerage firms Bahana Securities, Danareksa Securities and Mandiri Securities, was finally removed. Two weeks ago, PT Trans Airways, owned by Chairul's CT Corp, paid these firms Rp1.44 trillion for 10.3 percent of the stake in national airlines Garuda Indonesia (GIAA), which had remained unsold after last year's initial public offering (IPO). We sold it all as a block sale," sai
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