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Technology Stocks : Indosat (IIT)- The Indonesian Gem!
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To: RFH who wrote (34)5/12/1999 1:52:00 AM
From: Manfred Sondermann  Read Replies (1) of 42
 
I read a news somewhere that the government of Indonesia
has announced to sell out of its 65% holdings of IIT stocks another
54.5 million stocks to some private investors. They already
have sold 10% or so in the last weeks to a group of private
investors too.

Remember that the government had to diminish their IIT holdings
due to an agreement with the IMF.
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