Jolpie Wijaya has a serious holding in this company and is a JV partner. As far as I know this gentleman is seriously connected and has been in business with Soeharto's children in the past. DYOR and make up your own mind.
Some bedtime reading: http://www.cargonewsasia.com/timesnet/data/ab/docs/ab1533.html http://en.wikipedia.org/wiki/Peregrine_Investments_Holdings http://www.insideindonesia.org/edition-54/how-to-love-a-country-in-a-time-of-crisis
PSP Price at posting:
10.0¢ Sentiment: Hold Disclosure: Held