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Selling Off at Par?

Tuesday, July 15, 2003

The target for the sale of government shares in Lippo Bank has been reduced. Are the shares intentionally being sold off cheap?

arsip tempo : 173518302319.

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THE government's planned release of its shares in Lippo Bank continues, seemingly without a hitch. The Finance and Banking Commission of the House of Representatives (DPR) has already given the green light to the government for the sale of the bank that was raised by the family of Indonesian tycoon Mochtar Riady. During an exchange of views meeting on Tuesday last week, the House and the government agreed that the divestment of the government's

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