MEMR Issues New Regulation on Procedures for Divestment, Share Pricing and Changes to Investment in Mineral and Coal Mining Businesses | White & Case LLP International Law Firm, Global Law Practice
MEMR Issues New Regulation on Procedures for Divestment, Share Pricing and Changes to Investment in Mineral and Coal Mining Businesses

MEMR Issues New Regulation on Procedures for Divestment, Share Pricing and Changes to Investment in Mineral and Coal Mining Businesses

Recently, the Indonesian government (through the Minister of Energy and Mineral Resources) issued a new Regulation implementing previously issued divestment requirements relating to foreign participation in mining companies. The new Regulation clarifies the divestment requirements and provides additional guidelines as to how the divestment is to be carried out. The new Regulation also has some negative implications for foreign investment in mining businesses.

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