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KPC Divestment

Sorry, We're a Bit Short

Tuesday, February 11, 2003

Divestment of the 51 percent share in Kaltim Prima Coal has failed to be implemented. Price is again the problem.

arsip tempo : 173212411891.

. tempo : 173212411891.

IN the past, everyone had their eye on Kaltim Prima Coal (KPC) shares but now it seems no one is really paying much attention any more. There's only one reason for this: the divestment of shares in this foreign coal mining company has once again failed to be implemented.

The end of January deadline has already passed without the payment being made or the shares being transferred. PT Bukit Asam and PT Melati Intan Bhakti Satya (a joint ventu

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