Matahari Shareholders May Sell Majority Stake, Kojongian Says

PT Matahari Putra Prima will “invite strategic partners” to invest or buy a majority stake in the company, Danny Kojongian, director of corporate communications, said by telephone today.

Shareholders including PT Multipolar will decide on whether to sell a stake, Kojongian said.

To contact the reporter on this story: Widya Utami in Jakarta at wutami@bloomberg.net

To contact the editor responsible for this story: Berni Moestafa at bmoestafa@bloomberg.net

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