Borneo Lumbung Energi & Metal (BORN), controlled by Samin Tan, briefly touched the ‘cushion price’ of Rp50 yesterday. London-listed Asia Resource Minerals (ARMS), parent of Berau Coal Energy (BRAU), collapsed 19.23% to 21 pence. Worse, former CEO of BRAU filed lawsuit against BRAU for the alleged breach of contract.
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