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View all search resultsdivestment
Companies 2 years ago
PREMIUM
Vale shareholders tussle over control amid divestiture
Shareholders of PT Vale Indonesia are reportedly tussling over who will have operation control of the publicly listed nickel mining company and get to consolidate it with their financial statements after an impending divestiture that is required to extend its operations in Indonesia.
Academia 3 years ago
PREMIUM
Provincial leaders scramble to get Vale’s nickel shares
The government cannot simply take over the INCO mine and its smelting industry if its CoW is not extended because the investors have the right to take back or sell all the mining equipment and all other fixed assets, except the mineral resources underground.
Business 5 years ago
Waskita mulls bond issue, sells toll roads to boost liquidity
State-owned construction company Waskita Karya (Waskita) is considering when to issue bonds worth Rp 2 trillion (US$136.6 million), as well as divesting its ownership of toll roads, as the company aims to strengthen its liquidity amid the COVID-19 crisis.
