KRM kingsrose mining limited

Hey people,I'm new to all this and recently brought into...

  1. 114 Posts.
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    Hey people,
    I'm new to all this and recently brought into KRM

    I have a business in West Sumatra,

    bit confused with the 51% of the company has to be held in a Indonesian persons name.
    to me this sounds like its setup as a CT company, which is domestic company in Indonesia.

    the company I am involved in has moved from a CT company 15 yrs ago, into a foreign investment company PT, then into a PMA company which is a foreign investment company in Indonesia.

    The PT or PMA company is 95% foreign owned and 5% Indonesian owned

    just wondering why the 51% owned company can't be moved into a foreign investment company where KRM owns 95% stake.

    that's my understanding of how the foreign investment companies work in Sumatra and or Indonesia.

    bit confused sorry?
 
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(20min delay)
Last
3.8¢
Change
-0.002(5.00%)
Mkt cap ! $28.63M
Open High Low Value Volume
3.8¢ 3.8¢ 3.8¢ $1.52K 40K

Buyers (Bids)

No. Vol. Price($)
5 223959 3.7¢
 

Sellers (Offers)

Price($) Vol. No.
4.0¢ 365205 3
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Last trade - 10.20am 23/07/2025 (20 minute delay) ?
KRM (ASX) Chart
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