The head quarters of PT. Bakrie & Brothers stands tall at the heart of Jakarta’s busy main business district. The company many find itself in trouble again since the stock market regulator warned PT. Bumi Resources on Thursday against loan-financing a buyback.
PT. Bumi Resources, the world’s largest thermal coal exporter is the most prized asset of the Bakrie Group. Bumi plans to issue medium term notes (MTNs) to help fund the Rp. 8.25 trillion ($694 million) share buyback.
PT. Bumi Resources, the world’s largest thermal coal exporter is the most prized asset of the Bakrie Group. Bumi plans to issue medium term notes (MTNs) to help fund the Rp. 8.25 trillion ($694 million) share buyback.
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