Bloomberg News

Tempo Scan Investor Selling $143 Million of Shares

May 06, 2012

(Corrects currency in second paragraph.)

A shareholder in PT Tempo Scan Pacific Tbk. is selling as much as $143 million of stock in the company, according to a term sheet obtained by Bloomberg News.

The investor, PT Bogamulia Nagadi, is offering about 500 million shares at 2,500 rupiah to 2,650 rupiah apiece, the document shows.

To contact the reporter on this story: Fox Hu in Hong Kong at fhu7@bloomberg.net

To contact the editor responsible for this story: Philip Lagerkranser at lagerkranser@bloomberg.net


Too Cool for Crisis Management
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus