PT Aqua Cannot Go Private Kompas, page 22, 2005-11-15
PT Aqua Golden Mississippi Tbk cannot go private yet because the Extraordinary Meeting of Shareholders has not fulfilled its quorum for the second time. PT Aqua stated it will not increase its offering price of Rp.100.000 per share and will still continue the plan to go private.
Aqua Appoints AAJ as Appraiser Bisnis Indonesia, page B2, 2005-10-07
PT Aqua Golden Mississipi Tbk has appointed Amir Abadi Jusuf (AAJ) as appraising consultant to determine the company’s proper price as the company plans on being a private company. Aqua appointed an independent consultant with hope that the public will believe on the company’s real value. This the second annoucement made to public shareholders that the company wishes to become a private company. PT Tirta Investama, 74% shares of which are held by PT Danone Asia Pte Ltd, will hold a tender offer to buy the public’s 6.4% shares for Rp 100,000 per share.