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View all search resultsBakrie
Business 9 years ago
Bakrie Sumatra Plantation plans to conduct reverse stock split
Hammered by a serious downturn in its financial performance, PT Bakrie Sumatra Plantations (UNSP), a publicly listed palm oil and rubber company, plans to conduct a reverse stock split in a bid to bolster its capital structure and boost liquidity.
Business 9 years ago
Bakrie Telecom to convert half of US$1 billion debt into shares
PT Bakrie Telecom Tbk has been moving closer to realizing its debt restructuring program after sealing shareholders' approval for its rights issue plan, as part of the company’s efforts to trim its Rp 14.9 trillion (US$1.1 billion) debt.
