PT Bumi Resources and Bumi plc advance ahead of shareholder meeting

PT Bumi Resources rose to the highest in more than four months in Jakarta trading after it requested a takeover panel to expedite inquiry into the creation of parent coal company Bumi plc.

PT Bumi Resources rose to the highest in more than four months in Jakarta trading after it requested a takeover panel to expedite inquiry into the creation of parent coal company Bumi plc.

Shares in Asia's biggest thermal coal exporter soared as high as 16.67% Thursday, the highest since September 21st.

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