Jakarta, CNBC Indonesia – The story of growth, development, fall, rise, and then return to rule on a business trip is a cycle cliche. However, when that wheel of fate belongs to a three-generation conglomerate that moves like roller coaster it will be an interesting story to hear. This is the turning point of a … Read more
Jakarta, CNBC Indonesia – In recent weeks, market participants have been thrilled by the news that the Salim Group has entered the shareholder list of PT Bumi Resources Tbk (BUMI) via private placement. In this corporate transaction, there are two commercial entities that will absorb the new shares of BUMI. The first entity is Mach … Read more
Jakarta, CNBC Indonesia – The country’s giant conglomerate, the Salim Group, will become one of the largest coal-holding companies in Indonesia. Of course this will happen if the additional capital is implemented and approved by the shareholders at the meeting tomorrow, Tuesday (11/10/2022). As is well known, the Salim Group is one of the three … Read more
Jakarta, CNBC Indonesia – Antoni Salim’s conglomerate continues to surprise him. After recently immersion infrastructure with the acquisition of the MBZ elevated toll road, come forward booming technology through the data center, it is now entering the old business, coal that is doing well. He has hundreds of companies, dozens of business sectors he has … Read more
Jakarta – One of the companies owned by the Bakrie family, PT Bumi Resources Tbk (BUMI) will issue Series C common stock through a no-option (non-HMETD) scheme or private placement. Quoted from the information on the official BUMI website, the number to be issued is 200 billion ordinary shares. The Company will hold an Extraordinary … Read more