Haji Isam-linked Firm Allegedly Buys BYAN Shares Below Market Price
Business

Haji Isam-linked Firm Allegedly Buys BYAN Shares Below Market Price

Indonesian coal mining giant PT Bayan Resources Tbk (BYAN) has refrained from officially commenting on reports that its shares were purchased by PT Jhonlin Baratama, led by Haji Isam, at a price significantly below market value. BYAN stated it is not a direct party to the transaction and thus lacks detailed knowledge.

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