Bearing the Burden of Gadjah Tunggals Debts
May 21, 2002
Lin Che Wei, CFA*
*The director of SG Securities (Singapore).
The Indonesian Bank Restructuring Agencys (IBRA) endeavor to restructure the Gadjah Tunggal Groups debts has reached a dead end. In the meantime, the Legal Assistance Teams findings may signal the beginning of a long drawn-out legal process. Faced with this disheartening scenario, we must strive for a common understanding to achieve an optimal solution. One problem stems from |