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Two Companies in One Mine

Tuesday, September 26, 2017

The existence of another company complicates the negotiation of Freeport’s contract extension. It may interfere with the divestment process.

. tempo : 171622638578.

THE difficulties that the government must go through to become the majority shareholder of Freeport Indonesia have spread to the Grasberg Banker's WhatsApp group. As the name implies, members of the group are mostly bankers and financiers, including Danareksa Sekuritas CEO Jenpino Ngabdi and Bukit Asam (IDX: PTBA) finance director Orias Petrus Moedak. "We are often asked to discuss about good divestment schemes," Orias said on Wednesday last week.

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