Shin Kong Wedbush invests in PT Bumi Resources Tbk

Shin Kong Wedbush has recently settled a US$1.9 billion strategic investment in PT Bumi Resources Tbk (“Bumi”).
 
Nov. 15, 2009 - PRLog -- In addition, Shin Kong Wedbush and Bumi have agreed to form a strategic alliance, which would allow Shin Kong Wedbush to facilitate and participate in the future financing needs of Bumi or its affiliates, including project finance for its expanding infrastructure. Shin Kong Wedbush and Bumi will also jointly pursue other investment opportunities in the mining sector.
With its world-class assets and sound operational management, as well as attractive business prospects, Bumi has been selected by Shin Kong Wedbush as its first significant investment in Indonesia.

# # #

As one of the world’s fastest growing offshore investment advisory firms, Shin Kong Wedbush seeks to create a positive economic impact as well as long-term value for our institutional investors as well as individuals.
End
Shin Kong Wedbush News
Trending
Most Viewed
Daily News



Like PRLog?
9K2K1K
Click to Share