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Stock Market & Financial Investment News

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January 2, 2013
07:35 EDTNMRNomura shelves proposed fund-raising for former Bumi assets, Telegraph says
Nomura (NMR) has canceled a planned $150M fund-raising to support the purchase of some controversial former Bumi assets by Benakat Petroleum Energy, reported The Telegraph. The companies involved in the scuttled fund-raising, and their alleged ongoing relationship to the Bakrie family, are part of an investigation into potential “financial and other irregularities” at Bumi Resources, according to the report. Reference Link
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