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Who's Cheating Who?

Tuesday, July 24, 2001

The government was unaware that its BCA shares were being priced lower than their market value. Manipulation or otherwise, it must be regarded as a serious crime against the state.

arsip tempo : 173230413788.

. tempo : 173230413788.

The capital markets have been shaken by the news that shares in Bank Central Asia (BCA) were being offered ridiculously cheap. This did not only apply to the strategic investor, but also to the shares in BCA that were offered on the stock exchange—10 percent—between 4 and 6 July. In fact, it is of the utmost importance to the government that its stake in BCA be sold for a good price so that the proceeds can be used to plug the yawni

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