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Jakarta Post
The Jakarta Post
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DKI Jakarta, Indonesia
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BUMI share price up after Bakrie separation announced

  • Raras Cahyafitri

    The Jakarta Post

Jakarta | Fri, December 14 2012 | 09:34 am

PREMIUM Shares in PT Bumi Resources, stock symbol BUMI, closed high on Thursday after its majority shareholder, London listed Bumi PLC, announced that the energy and mining company would return control to its Indonesian shareholder Bakrie Group.

BUMI’s stocks closed at Rp 640 (US 7 cents) on Thursday — an increase of almost 5 percent compared to Wednesday’s closing price of Rp 610 — during ...