Bumi

Bumi shareholders to vote on board makeup

Nat Rothschild's proposal to replace the Bumi board will be decided today, but the vote is unlikely to signal the end of an embarrassing drama.
<div style="text-align: left;">
Today’s vote will have implications on the ownership of Indonesia’s largest coal miner, Bumi Resources (AFP) </div>
<div style="text-align: left;"> Today’s vote will have implications on the ownership of Indonesia’s largest coal miner, Bumi Resources (AFP) </div>

Later today, Bumi Plc shareholders will meet at London’s Armory House to vote on Nathaniel Rothschild’s attempt to replace 12 of the company’s 14 directors. It should mark the dissolution of a bitter and acrimonious marriage between the financier and his Indonesian partner, the Bakrie group. However, it is unlikely to mean the end of recriminations.

¬ Haymarket Media Limited. All rights reserved.

Sign In to Your Account To Access Exclusive FinanceAsia Content!

Please sign in to your subscription to unlock full access to our premium FA resources.

Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial - no registration fees required. Click the link to get started.

Note: This free trial is a one-time offer.

Questions?
If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.

Share our publication on social media
Share our publication on social media