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Report: East Kalimantan drops Jakarta suit

THE East Kalimantan provincial administration has withdrawn its lawsuit against the central government relating to the sale of a 51% stake in PT Kaltim Prima Coal, but has refused to drop proceedings against the company itself, the <I>Jakarta Post</I> has reported.

Greg Tubby
Report: East Kalimantan drops Jakarta suit

East Kalimantan doubts "the company's goodwill" in selling the stake for US$419 million, the paper quoted provincial council deputy chairman Kasyful Anwar Sa'ad as saying. Kaltim Prima, Indonesia's most...

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