Tuesday, October 03, 2006

Bakrie sold 180 million Bumi shares

Willow Finance Ltd and Long Haul Holdings Ltd, two companies related to Bakrie family, have sold around 180 million shares of PT Bumi Resources Tbk with total proceeds around Rp126 billion. With the sales, Willow's shares slightly reduced to 22.14% and Long Haul to 11.4%.

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