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Update on Bumi Resources Recapital investment

2nd Jul 2012 07:00

RNS Number : 6028G
Bumi plc
02 July 2012
 



 

Bumi plc

Update on Bumi Resources Recapital investment

Bumi plc announces that it has been informed by its 29.2% associate PT Bumi Resources Tbk ("Bumi Resources") that the early repayment to Bumi Resources of $231 million of funds under management with PT Recapital Asset Management ("Recapital"), an investment fund management group, will not be realised during the first half of 2012.The investment is due to be repaid to Bumi Resources on August 27, 2012 and the management of Bumi Resources is engaged in an active dialogue with Recapital regarding the timing of the repayment.

 

 

 

Contact:

Bumi plc

Nick von Schirnding

Tel: 020 7201 7507

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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