Friday, June 29, 2007

ST Telemedia not to sell its stake in Indosat

... "We made it clear that our stake in Indosat is a long-term investment. We have a commitment to see our investment grow, so that we are equally committed to see Indosat grow. Therefore we have no reason to sell the shares," STT Senior Vice President for Strategic Relations and Corporate Communications Kuan Kwee Jee told the press here on Thursday. [more, antarnews]

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