PT Lima Satuju Utama (PT LSU) made headlines earlier this year after announcing the purchase of 13.42 percent of shares in PT Inti Komoditi Korpora Tbk (INCF). Not many know the company’s background, although PT LSU admits this corporate action was carried out for profit. So it’s not surprising that in a short time, the company’s shares have changed hands again. However, PT LSU seems to be starting to face problems. Last week, the South Jakarta District Court registered three tort lawsuits filed by PT LSU against three different companies, all related to shares trading transactions.
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