Luhut Sells Toba Bara Sejahtra
Coal producer Toba Bara Sejahtra (TOBA) informed market authorities Monday that it has on December 5th received a letter from Highland Strategic Holding Pte Ltd, a company based in Singapore, regarding its plan to acquire majority shareholding in TOBA, which is controlled by the family of Luhut Binsar Pandjaitan, coordinating minister for maritime affairs.
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