Investors at the June 26 meeting will decide whether to use assets, including shares in units, inventory and escrow accounts, as collateral for “current or future” financing, the company said in a June 5 filing to the Indonesia Stock Exchange.
Bumi owns majority stakes in two coal miners, which account for about a quarter of the output of Indonesia, the world’s biggest exporter of thermal coal. The shareholder meeting was initially scheduled to take place in February.
Bumi in January announced three transactions valued at 6.12 trillion rupiah ($586 million). The company has said it would seek to renegotiate the price of one of the acquisitions after Indonesia’s market regulator said it was paying more than the
value of the company.
In the June 26 meeting, shareholders will also vote on the dividend distribution from 2008 earnings and changes in board of commissioners.
For Related News and Information:
Stories on Bumi Resources: BUMI IJ
Most-read Indonesian stories this week: MNI INDO 1W
Tidak ada komentar:
Posting Komentar