VIVAnews - Foreign investment managers put interest in PT Bumi Resources Tbk (Bumi) during a roadshow event held in CLSA Asia Forum. The roadshow was held in Las Vegas, the United States, on 9-11 February.
According to Senior Vice President Investor Relations of Bumi Resources, Dileep Srivastava, the company is optimistic that the issuer's attempt would attract foreign investors. "Despite the small number, there were some investment managers eyeing the company's shares," he told VIVAnews through SMS on Tuesday, Feb 17.
Srivastava went on to say that he met 30 investors in the meeting and held discussion with the company.
He said the investors welcomed Bumi's measure in acquiring three companies including PT Fajar Bumi Sakti, PT Darma Henwa Tbk (DEWA), and PT Pendopo Energi Batubara. "They said the acquisition can increase Bumi's market share in coal mining sector," added Srivastava.
The senior vice president also expected that the meeting will affect the company's shares on the capital market. "In fact, Bumi's strategic goal is to meet stock holders and investors," he said.
Srivastava mentioned that the company is planning to visit Europe, the United States, Hong Kong, Japan, and Singapore in the next few months to organize a similar event.
During the CLSA meeting, he said investors considered PT Bakrie & Brothers Tbk's effort in restructuring the company's debts without being intervened in by the government or tax officials was an excellent decision. "They also accepted the portfolio rationalization with Northstar Pacific Partners Ltd.," said Srivastava.
Translated by: Ariyantri E. Tarman
