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Headline
Berau’s EGMS OKs Eko Santoso Budianto As New President Director
(The Insider Stories) - An extra-ordinary shareholders meeting of PT Berau Coal Energy Tbk (BRAU), Indonesia’s fifth-biggest coal producer, on Thursday (03/06), gave an approval for the appointment of Eko Santoso Budianto to take over Rosan Perkasa Roeslani’s president director position. Shareholders also approved the new composition of BRAU’s board of directors and commissioners: President Full Article
Garibaldi Thohir Teams Up With Northstar to Buy Hutchison 3 Indonesia
(The Insider Stories) -
Garibaldi Thohir, an Indonesian tycoon, joined hands with a US-based private equity fund has acquired 35 percent stake in PT Hutchison 3 Indonesia, a local mobile phone operator of Hong Kong’s Hutchison Whampoa Group. Mr Thohir and partner, Northstar Pacific – part of U.S. private equity company TPG – purchased the Full Article
Mitrabahtera placement & Patin Resources
Prasatya family has offered 200 million shares with upsize option of 88 million shares or in total representing 16.5% of the issued capital in coal tug boat and barges provider PT Mitrabahtera Segara Sejati Tbk (MBSS) at Rp1,560-Rp1,630 a share. In the offering structure obtained by The Insider Stories yesterday, PT Patin Resources, owned by Full Article