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Indonesian Tycoon Haji Isam Lobs Low-Ball Bid for Miner Bayan

PT Bayan Resources has received a bid from Indonesian tycoon Andi Syamsuddin Arsyad that values the coal miner at a fraction of its market value, according to people familiar with the matter.

Bloomberg Verified Source

Reported by Chanyaporn Chanjaroen, Eddie Spence and Elffie Chew · Syndicated via official news feed

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