The founder of Indonesian gold miner J Resources is reportedly contemplating a sale

Description

PT J Resources Asia Pasifik, an Indonesian gold miner, has 92.5% owned by Jimmy Budiarto, who is thinking of selling his shares, according to people with knowledge of the situation.

Budiarto is collaborating with financial advisers and has approached potential investors, though the sources, who requested anonymity due to the confidential nature of the process, noted that a decision on the sale has not yet been made and he might ultimately choose not to proceed with it.

J Resources’ shares have surged approximately 160% this year, resulting in a market value of 6 trillion rupiah ($392 million).Read More-https://voiceofleaders.com/