Semen Cibinong Refutes

We would like to make corrections to the news item titled Writing Off US$255.7m (July 9). It said: “Despite objection from minority shareholders, the write-off of Semen Cibinong (SC) deposits … has finally been approved.” This information is completely false.

At the Extraordinary General Shareholders’ Meeting of PT Semen Cibinong Tbk on 26 June 2001 in Jakarta, all the minority shareholders in attendance fully approved to

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