A Partnership Punctured

THE consortium that has been set up by JP Morgan and Kingsclere Finance Limited, two would-be investors in PT Kiani Kertas, is threatened with being broken up in its final step in getting Kiani. Both investors are now taking separate paths and the potential partnership has been punctured before it officially came into being.

Since the beginning of this year, Kiani has already been on the list of companies that are to be sold off. Its owner, the Nu

Subscribe to continue reading.
We craft news with stories.

For the benefits of subscribing to Digital Tempo, See More

The Best Choice

Rp 54.945/Month

Active for 12 Months, Rp 659.340

• *You Save -Rp 102.000
• *Guaranteed update of up to 52 Editions of Tempo Magazine

Subscribe

Rp 64.380/Month

Active Every Month Cancel Anytime

• *Free for the first month if using a Credit Card

Subscribe

See Other Packages

Already a Subscribed? Log in here
To receive daily news by Email, Sign up for Tempo ID.