VOL. XXXV
NO. 6
11-NOVEMBER-1991
Financial and Banking News
Investment Activities
KIO Buys 4.9% of Indonesia's Bakrie Brothers
The Kuwait Investment Office (KIO) has purchased a 4.9% equity share inIndonesia's Bakrie Brothers (BB). The company is listed on the Jakarta stockexchange. A press statement issued by the London-based KIO said it purchased980,000 shares at a cost of 14,000 Rupiah per share ($7.12 per share). Totalcost of shares is approximately $7mn. Bakrie Brothers is a major...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!