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Bumi Resources, Berau Coal shares rise on Bakrie's proposal

JAKARTA, Oct 11 - Shares in Indonesia's Bumi Resources , Asia's biggest thermal coal exporter, jumped 4.4 percent on Thursday after the Bakrie family proposed a split and buyback of parent firm Bumi Plc .

Shares in Berau Coal Energy Tbk , a subsidiary of Bumi Plc, rose more than 10 percent, while the Jakarta Composite Index was down 0.34 percent.

(Reporting by Andjarsari Paramaditha, Writing by Michael Taylor, Editing by Matt Driskill)

((andjarsari.p@thomsonreuters.com)(+62 21 3199 7170)(Reuters Messaging: andjarsari.p.thomsonreuters.com@thomsonreuters.nett))

Keywords: INDONESIA BUMI RESOURCES/