Bumi asks for share suspension amid inquiry into whistleblower's claims
Scandal-hit coalmining firm founded by Nathaniel Rothschild halts trading as irregular payments of $38m are investigated Indonesian billionaire Aburizal Bakrie, who has been battling co-founder...
View ArticleBakries Might Not Oust Rothschild From Bumi Plc
Bumi Plcâs shareholder Bakrie Group may reconsider a bid to replace the coal producerâs management, including billionaire Nathaniel Rothschild, should its independent directors offer a solution...
View ArticleBUMI share price up after Bakrie separation announced
Paper Edition | Page: 17 Shares in PT Bumi Resources, stock symbol BUMI, closed high on Thursday after its majority shareholder, London listed Bumi PLC, announced that the energy and mining company...
View ArticleIndonesia investors confident on Bumi Plc board shake-up
, Jakarta:The Indonesian shareholders of Bumi Plc are confident they can shake up the miner's board and remove co-chairman Nat Rothschild before creating the world's biggest coal firm, major investor...
View ArticleRothschild: co-chairman’s resignation is 'meaningless'
Co-founder of London-listed Bumi Plc, Nathaniel Rothschild said on Saturday that the resignation of the company’s co-chairman, Indra Bakrie, was meaningless as Bakrie Group’s ally Samin Tan remains on...
View ArticleBORN approves acquisition plan, names new boss
Shareholders of coal miner PT Borneo Lumbung Energi & Metal (BORN) formally approved on Friday the company’s plan to buy a 23.8 percent stake in London-listed Bumi Plc. from the widely diversified...
View ArticleUPDATE 2-Indonesia investors confident of coup at Rothschild's Bumi
* Samin Tan expects approval to be Bumi Plc chairman * Tan hopes Nat Rothschild will remain a shareholder * Eyes merger of Bumi Resources, Berau Coal Energy to be giant * Bumi-Berau merger could be...
View ArticleIndonesia investors confident of shake-up at Bumi
(Repeats Tuesday story, adds share close) * Samin Tan expects approval to be Bumi Plc chairman * Tan hopes Nat Rothschild will remain a shareholder * Eyes merger of Bumi Resources, Berau Coal Energy...
View ArticleFractured Bumi Favors Bakrie Offer Over Rothschild's
Jakarta. Coal miner Bumi Plc said Thursday it will likely side with Indonesia's powerful Bakrie family in a tussle with British tycoon Nathaniel Rothschild for control of the country's lucrative...
View ArticleBumi's Tan Ready to Accept Bakrie Offer
By ERIC BELLMAN And ALEX MACDONALD JAKARTA—Samin Tan, the chairman of Bumi PLC and one of its largest shareholders, is ready to accept the $1.2 billion proposal from the Bakrie Group to buy Bumi's...
View ArticleBumi Plc owners cancel shareholders meeting
After a two-day-meeting with independent directors of Bumi Plc, Borneo Bumi Energi & Metal Pte Ltd — the holder of 29.9 percent voting shares in the coal miner — decided to withdraw a request to...
View ArticleBorneo Lumbung Chief Hopes to Restructure Bumi
By ERIC BELLMAN And LINDA SILAEN JAKARTA—The head of PT Borneo Lumbung Energy, one of the biggest shareholders in mining company Bumi PLC, hopes to restructure the London-listed company by merging...
View ArticleBorneo Lumbung to Buy Bumi Stake, Swap CEO
Shareholders of Indonesian coking coal miner Borneo Lumbung Energy & Metal on Friday approved the managementâs plan to purchase a 23.8 percent stake in London-listed Bumi for $1 billion as well...
View ArticleCoal Miner Bumi Moves Towards Bakrie Divorce
Indonesia-focused miner Bumi moved closer to divorcing the Bakrie family that co-founded it, announcing the departure of its Bakrie-supported chief executive and plans to sell its stake in unit Bumi...
View ArticleBumi Plc. shareholders join forces to keep Berau
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...
View ArticleBumi Agrees to Recover Missing $173 Million From Former Director
Bumi Plc, the Indonesian coal producer trying to recover $201 million in missing funds, said it agreed to recover the majority of the money in a deal with former company director Rosan Roeslani....
View ArticleBorneo mulls $500m global bond issue to repay loans
Publicly-listed PT Borneo Lumbung Energi & Metal (BORN) says may proceed with a global bond issuance to refinance loans used to purchase a stake in London-listed Bumi Plc. Borneo president...
View ArticleBumi’s defeat of Rothschild clears way for Bakries split
Bumi Plc’s defeat of an attempt by co-founder Nathaniel Rothschild to take control of the board clears the way for the coal producer to proceed with a deal to split from Indonesia’s Bakrie family....
View ArticleBakrie Group accuses Rothschild of hacking
Paper Edition | Page: 13 The Bakrie Group, the shareholder of London-listed Bumi Plc., has said that documents used as the basis of an investigation into the company’s Indonesian units PT Bumi...
View ArticleRothschild Quits Bumi to Fight Bakries’ $1.2 Billion Offer
Nathaniel Rothschild, scion of a centuries-old banking dynasty, intensified a feud with Indonesia’s Bakrie family by quitting the board of their joint coal business and vowing to fight “from outside...
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