new share palcement to surya paloh, page-113

Hi Aswin

I agree and there is also plenty $$$$ for IAU shareholders too.

I think this will be the first move of a bigger picture and it could be that Solah is a smart businessman who knows he needs partnerships with the right people with the right skills to succeed.

Of interest to me anyhow when I first read the announcement was this.

"Mr Paloh and the Media Group are at the forefront of socially responsible and community-oriented business practices, having led major disaster response and fundraising initiatives following the 2004 Aceh tsunami and subsequent natural disasters in Indonesia."

I'm not suggesting for one minute that this is a definitive statement and makes him an angel but if it's only half true then he is a good person to have in our corner.

Given that you have lived in Indonesia do you know anymore about Surya Paloh and whether the above statement is a reasonable reflection on the man.

Cheers
BW