Jakarta by Kerry B. Collison

Author:Kerry B. Collison [Collison, Kerry B]
Language: eng
Format: epub
Tags: Historical Fiction
ISBN: 9781925280630
Publisher: Sid Harta Publishers
Published: 2015-05-25T00:00:00+00:00

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When news finally broke regarding Lim Swee Giok’s death, Salima shares and those associated with the conglomerate suffered a sharp fall, tearing more than twenty percent off the stocks’ values. There had been only one major seller, and his name was whispered amongst the traders as they went about filling his sell orders.

As the stocks plummeted, the Asian Pacific Commercial Bank stepped in and started buying its associated stock. At the close of the morning session, the shares had regained half of their losses, and when it was announced that Salima’s major shareholders were buying their own stock and had called an extraordinary meeting of shareholders without notice, the market interpreted this as one of confidence, that the family were demonstrating their support for Lim’s widow, and closed the afternoon session with an overall gain for the day.

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