OppenheimerFunds buys 5 percent stake in Antam
Thursday, September 19 2002 - 10:04 AM WIB
State miner PT Aneka Tambang Tbk (Antam) announced on Thursday that Oppenheimer Funds, Inc had become a substantial shareholder in its company.
Antam said on August 15, 2002 OppenheimerFunds had bought 96,990,000 shares of Antam or approximately 5.08 percent of the company.
OppenheimerFunds is U.S. based investment adviser company. It also has some shares in nickel mining firm PT International Nickel Indonesia Tbk (Inco).
Antam is listed on the Jakarta Stock Exchange and an Australian bourse. (robert)