Telkom (TLKM, Rp8,400)
Elnusa (ELSA, Rp345)
Telkom and Elnusa offered their combined 80% stake in Patra Telekomunikasi Indonesia or Patrakom to Tanjung Mustika, a company
owned by Sinarmas group, local newspaper reported. Tanjung Mustika owned 20% stake in Patrakom. The offer will lapse by the end of this week, the report said. If Tanjung Mustika decided not to buy the shares, the companies may tender Patrakom shares to interested investors. Patrakom provides telecommunication network services in the form of data communication, visual, video, and multimedia. – Investor Daily
Elnusa (ELSA, Rp345)
Telkom and Elnusa offered their combined 80% stake in Patra Telekomunikasi Indonesia or Patrakom to Tanjung Mustika, a company
owned by Sinarmas group, local newspaper reported. Tanjung Mustika owned 20% stake in Patrakom. The offer will lapse by the end of this week, the report said. If Tanjung Mustika decided not to buy the shares, the companies may tender Patrakom shares to interested investors. Patrakom provides telecommunication network services in the form of data communication, visual, video, and multimedia. – Investor Daily
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