KKR vs Joko Mogoginta (2)

Shareholders, of course, are disappointed with AISA. The stock collapsed from its peak in 2014 to as low as Rp168. AISA is now valued only 10% of the price paid by KKR four years back. But, who should be blamed? Joko Mogoginta? The government and police for mounting pressures to the Company’s rice business? Or probably themselves for lack of due diligence and poor risk assessments?

Read More