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Bumi Plc. shareholders join forces to keep Berau

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Paper Edition | Page: 13 The minority shareholders of Bumi Plc., including Nathaniel Rothschild, will try to maintain the company’s existence and listing on the London Stock Exchange (LSE) by blocking the Bakrie Group’s plans to take over one of its main assets, Jakarta-listed PT Berau Coal Energy, according to a source familiar with the matter. Six existing minority shareholders holding combined voting rights of around 50 percent have agreed to keep Berau in Bumi Plc., the source said. The shareholders are co-founder...

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