Tuesday, December 26, 2006

Soros' Fidelity controls 6.03% PP Lonsum

Fidelity Investments owned by flamboyant financier George Soros has increased its ownership in plantation company PT PP London Sumatra (Lonsum) Tbk to 6.03% as of December 20, 2006. Fidelity bought additional shares at USD0.66-0.69/share in the last few weeks to make it substantial shareholder (more than 5%).

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