Feb 5, 2012

Indika, Petrosea sale, & below the range

PT Indika Energy Tbk (INDY), an energy integrated owned by Agus Lasmono and Wiwoho Basuki Tjokronegoro, finally set the final price for shares placement of its coal contracting unit PT Petrosea Tbk (PTRO).
However, the price is below the range previously set by Citi and Macquarie Capital. Despite below the range, for Indika, the shares sale still enables to provide a 245% capital gain. Please the remaining story or login or register.   

Disclosure: No position at the stock mentioned above.

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