Adaro Resources: No Change in Control Despite Major Shareholder Shift
Business

Adaro Resources: No Change in Control Despite Major Shareholder Shift

PT Adaro Strategic Investments (ASI) has transferred its entire stake in PT Alamtri Resources Indonesia Tbk (ADRO) to four investment firms. However, ADRO has stated that this does not result in any change in control, indicating a significant capital movement among Indonesian conglomerates.

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