Gajah Tunggal Merry-Go-Round
Tuesday, April 6, 2004
After a round of confusing bids and counter-bids, Gajah Tunggal boss Sjamsul Nursalim will soon be given a letter of settlementafter Garibaldi agrees to write off Dipasena's debts.
arsip tempo : 172863091536.
GARIBALDI Venture Fund Ltd. may have to postpone its celebrations. The Singaporebased investment company must wait a bit longer before reaping the huge profits it had envisioned.
It all started with the solicitation for bids by the Indonesian Bank Restructuring Agency, IBRA. Before it closed down its operations, the institution mandated to cure ailing banks offered shares through the Phase 3 Investment Asset Sales Program.
Among the share
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