Letter

Bahana Responds

TEMPOs past edition carries an article entitled The Penajam Predicament. As representative of PT Bahana TCW Investment Managementas mutual funds investment manager of Bahana Private Equity for Ports (BPEP), the shareholder of PT Pelabuhan Penajam Banua Takawe wish to clarify a number of things as follows:

Bahana Private Equity Pelabuhan is an investment product which we manage in limited mutual funds. Pursuant to Bapepam (Capital I

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