Speedy Support From Temasek
Tuesday, October 2, 2007
Prajogo Pangestu plans to acquire three companies: Chandra Asri, Tri Polyta and Star Energy. DBS bank, controlled by Temasek, is ready to allocate funding of between US$1-2 billion.
arsip tempo : 178044298779.
AFTER not being heard of for quite some time, the name of Prajogo Pangestu is once more now beginning to make the headlines again. Through Barito Pacific, this 63-year-old intends to acquire Chandra Asri. Last week, he announced a planned rights issue worth Rp9 trillion in order to take over what is the largest plastic raw materials producer in Indonesia. “We want to improve the performance of Barito,” said the company’s Managing Director,
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