More Jumbo-Sized Transactions
Tuesday, May 6, 2003
AFTER a short silence, Lippo seems to be up to its old tricks again. One week ago, Lippo Bank shares were traded continually by Ciptadana Sekuritas, a share trading company part-owned by Lippo Securities. Between April 24 and 29, Bloomberg recorded hundreds of millions of transactions involving the banks shares (see table). The buyer and the seller were the same, Ciptadana Sekuritas. The capitalization level was very unbalanced compared to tradin
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