PT Bumi Resources Tbk through its subsidiary, Calipso Investment Pte Ltd to raise the stock price of Herald Resources Limited AU$ 0.7 to AU$ 0.93 per share on September 30, 2009.
"Calipso offer will end on October 20, 2009," said Senior Vice President of Investor Relations Dileep Srivastava.
Calipso previously owned 100 percent by the Earth has submitted documents of the bidders statement (bidder's statement) to shareholders Herald on September 9, 2009 to plan the purchase of shares of publicly owned companies. Currently, Calipso is 84.2 percent owner of Herald shares.
Thursday, October 1, 2009
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