Great Balls of Fire! - Economy - magz.tempo.co

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Divestment

Great Balls of Fire!

Tuesday, June 17, 2003

KPC is facing two options: default and termination of its contract, or amending the framework agreement. The first option is stronger.

. tempo : 173170739154.

A FIREBALL has been tossed by Roes Aryawijaya. The head of the team to seek a solution for the Kaltim Prima Coal (KPC) share divestment program stated that the government had only two options for the company: KPC will be declared to have defaulted and all its assets nationalized or KPC amends the framework agreement. The first option will force Rio Tinto (Australia) and BP (Britain), as shareholders, to leave the coal mining company, while the se

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