Feb 9, 2012

Kiki Barki buys more Harum Energy

PT Karunia Bara Perkasa, a company that is controlled by Indonesian businessman Kiki Barki, announced a 2 million shares purchase in coal mining company PT Harum Energy Tbk (HRUM).
Karunia Bara Perkasa bought those shares on January 16 as an investment. However, Karunia Bara has not declared the price of the purchase. Post the transaction, Karunia Bara controls 70.24% stake in Harum Energy or 1.89 billion shares. 

Disclosure: No position at the stock mentioned above.

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