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Business News

Bumi warns of new delay to results


Bumi, the Indonesian coal miner introduced to the London market by Nat Rothschild, has warned it could delays its 2012 results again as it continues to review the accounts of its Berau unit.

The board earlier this year agreed a split from the co-founding Bakrie family that will tie Bumi’s fate to what will be its one remaining operating unit, the 85 per cent-owned Indonesian miner Berau. It has since been reviewing Berau’s balance sheet.