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Noonday buys 72.5 million shares of PT Indosat
By Lisa Kerner
Charlotte, N.C., July 7 - PT Indosat Tbk investors led by Noonday Asset Management, LP reported a 4.7% stake in the company.
According to a schedule 13D filing with the Securities and Exchange Commission, Noonday and its affiliates bought 72,524,000 shares of the company's stock between May 26 and July 3.
The investors beneficially own 253,832,700 shares of the Indonesian telecommunications network and service provider. PT Indosat is based in Jakarta.
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