Indonesia Digest: Cita Mineral shareholder to sell stake; Bank Mitraniaga delisting

Indonesia Digest: Cita Mineral shareholder to sell stake; Bank Mitraniaga delisting

Central Park, Jakarta, Indonesia. Photo by Severinus Dewantara on Unsplash

Harita Jayaraya, the controlling shareholder of Indonesia’s bauxite mining company Cita Mineral Investindo, is reviewing a plan to sell minority stake to Glencore International Investments. Meanwhile, Bank Mitraniaga will be delisted from the Indonesia Stock Exchange (IDX) on August 23, following its merger with listed peer Bank Agris.

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