piątek, 7 listopada 2014

Exclusive: Tan in talks to sell ARMS stake to repay Standard Chartered

Samin Tan, chairman of Bumi Plc arrives before a shareholder meeting in London By Eveline Danubrata JAKARTA (Reuters) - Indonesian businessman Samin Tan is in talks to sell assets including all or part of his stake in Asia Resource Minerals (ARMS) to help repay Standard Chartered and Raiffeisen close to $1 billion. Boardroom battles, allegations of wrongdoing and falling coal prices have soured Tan's investment in the Indonesia-focused miner, previously known as Bumi Plc, whose shares of which are down 90 percent since its creation in 2010. ...








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