Bumi Resources Gets Approval on Rights Issue

Posted on 06/26/2017

PT Bumi Resources Tbk. is the biggest thermal coal miner in Indonesia and one that is mired in a massive pile of debt. The coal mining company received approval from Indonesia’s Financial Services Authority (OJK), known locally as Otoritas Jasa Keuangan, to restructure debts. Under a deal, Bumi Resources will end up converting US$ 1.99 […]

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