Shares of Bumi Resources (BUMI), the largest coal miner co-owned by two politically connected groups of Salim and Bakrie, ended flat at Rp75 on Thursday (Aug 2) to make a market capitalisation of Rp27.9 trillion, way below its equity (Rp46.8 trillion). Once the largest company on the Indonesia Stock Exchange (IDX) by market cap, BUMI yet to recover its values despite the entry of Salim as partner shareholder.To subscribe please click here
