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Monday, 12 October 2026
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A 41% slide, then the founder sold: Haji Isam takes 30% of Indonesia's Bayan Resources

Low Tuck Kwong and his daughter agreed to sell 10,000,000,500 shares to Jhonlin Baratama, the South Kalimantan coal group Haji Isam controls. The family's holding drops from 62 percent to 32. The stake is worth US$6.5 billion.

Source — Tempo