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The Indonesia Stock Exchange wants PT Bumi Resources to explain the source of the $391 million it paid for the 10 percent share of PT Newmont Nusa Tenggara from US-based Newmont Mining.

“If the transfer was done by [Bumi management], they better explain it soon to the public so there would not be any misconceptions in the market,” Eddy Sugito, a director at the bourse, said on Tuesday.

On Monday, Martiono Hadianto, NTT’s president director, confirmed that Bumi, acting on behalf of a consortium made up of the West Nusa Tenggara provincial and district governments and Bumi subsidiary PT Multicapital, had transferred the funds from one of the coal miner’s bank accounts in Singapore to Newmont.

Eddy said the bourse had not received any disclosure from Bumi regarding the transfer of funds. Prompt disclosure is required under market regulations, to ensure that the sale does not breach market rules on material, or large, transactions.

“We’ll keep monitoring the situation, as the amount of money involved is very large,” Eddy said.

On Tuesday, the government renewed its calls for state miner PT Aneka Tambang (Antam) to be involved in the purchase of another 14 percent stake in NNT, which is expected to be settled on Monday. “This morning, we held a meeting with Antam and we hope that the company will rejoin the consortium,” Bambang Setiawan, director general of coal, minerals and geothermal energy at the Ministry for Energy and Mineral Resources, said on Tuesday.

According to Bambang, Antam is still eager to purchase the stake. He added that the ministry would be holding more meetings with the company.

“From the previous meeting with Antam, we acknowledge that the company is still interested in the purchase [of the 14 percent NTT stake], but [Antam] will not be in the consortium,” Martiono said.

Alwinsyah Lubis, Antam’s president director, could not be reached for comment.