Speedy Support From Temasek
Tuesday, October 2, 2007
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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