Six Investors Competing for Salim Oleochemicals

November 6, 2000

It’s not just retail stores that hold sales at the end of the year. The Indonesian Bank Restructuring Agency (IBRA) doesn’t want to be left out either. The agency is in a race to gather up no less than Rp5.2 trillion, as the remainder of its requirement to deposit a total of Rp 18.9 trillion into government coffers. IBRA has no choice but to sell off assets under its management. It makes sense, therefore, if during these last two mont

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