Ashmore: On the Verge of Victory - Economy - magz.tempo.co

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Kiani Kertas

Ashmore: On the Verge of Victory

Tuesday, July 20, 2004

Kiani Kertas debt restructuring is nearing final stages. Waiting for a lifesaver.

. tempo : 173166294210.

Being pursued by debt collectors is certainly not a pleasant experience for Luhut B. Panjaitan. Six months has passed since the deadline for Kiani Kertas debt restructuring. One investor after another has come to propose, but not one of them has ended up in the much-needed result. There is still a lot of company problems remain to be settled.

It is not surprising that an offer from the Ashmore Investment Management, a London-based investment compa

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