Tuesday, December 12, 2006

Bumi Resources insider trading investigation

Jakarta Stock Exchange (JSX) has launched an insider trading investigation on PT Bumi Resources Tbk, but no such initiatives taken for Medco and Energi Mega Persada shares trading. Investigation is focused on shares trading prior to the cancellation of mega deal USD3.2 billion between Bumi Resources and Renaissance Capital in August.

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Anonymous Anonymous said...

investigation will go Nowhere! - they have proved themselves to be 'untouchable' - no wonders co's like daewoo, hitachhi, mitsubishi and tata etc still desparate to be in bed with them despite their reputation.

December 13, 2006 6:50 AM  

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