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Indo Mines mulling bid from Rajawali

By:  
Creamer Media Senior Deputy Editor: Australasia
 
CORPORATE ACTIVITY
The board of Indo Mines has advised shareholders not to take any action regarding a proposed off-market takeover bid from PT Surya Langgeng. The Indonesian company, which is a wholly owned subsidiary of PT Rajawali Corpora, on Friday announced its intention to make an all-cash offer of 2c a share for all the shares in Indo Mines
 
 
 
 
 

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