Ending months of speculation, President Susilo Bambang Yudhoyono confirmed today his plan to reshuffle the cabinet and announce the changes by early May or two weeks from now. That would make some important decisions postponed, especially privatization plans.
Read MoreAttorney General’s Office (AGO) has filed new charges against former Bank Mandiri directors (ECW Neloe, I Wayan Pugeg, and Sholeh Tasripan). AGO argued that their decision to acquire bad loans of PT Kiani Kertas from IBRA...
Read MorePT Radiant Utama Interinsco Tbk entered stock market less than a year. The June 2005 IPO that raised around US$4 million may be too small to attract major institutional investors. But yesterday, the company told JSX that it will...
Read MoreForget about Bakrie Family for a while. Let’s talk about Barki Family, owner of several coal mining concessions in the country. Family Members: Kiki Barki Anita Barki Lawrence Barki Key Assets 1) Tanito Coal, produced 2.7...
Read MoreServeral business groups have drafted M&A plans this year. Chairul Tanjung’s business group, for example, plans to acquire companies in various sectors. Malaysia’s Khazanah also plans to take benefit from the...
Read More