Pioneer Plans

Many are interested to act as financial adviser to Merpati's privatization, but the fate of its debts remains unclear.

August 3, 2004

A KIN to an aircraft, the privatization of Merpati has entered the runway for take-off. For those interested to become financial adviser candidates, the cut-off time was last Friday. This is important because those that are keen must also name the investor that they plan to introduce. The offer submitted would act as the initial indicator of investors' interests to take over the controls at Merpati.

Last Friday, as afternoon approached, optim

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