CORPORATE PROFILE - A boggy outlook for Bumi
October 09, 2006
(Last updated: November 26, 2008)
When Bumi Resources' planned sale of coal assets fell through, the stock price of the natural resources company plummeted, which in turn led to pressure on a large number of private bonds that had been collateralized with the firm's stock. Nick Parsons muddies his boots as he negotiates this unregulated market.
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