Friday, November 03, 2006

Bapepam on Lapindo spin-off: NO, NO, and...

A friend journalist told me this afternoon that Bapepam Chairman Fuad Rahmany rejects to give approval for PT Energi Mega Persada Tbk's plan to spin-off the troubled subsidiary Lapindo Brantas Inc to Bakrie Family at USD2. Oh, in fact Detik.com had published Fuad statements, about the same though. Well, it's a NOT YET, and not a final NO!

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