Saving Merpati - Economy - magz.tempo.co

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Saving Merpati

Wednesday, October 26, 2011

Merpati's debts are piling up. Interest and penalties are now more than the loan principal. The government continues to inject capital.

. tempo : 173235788745.

WITHOUT further ado, the general meeting of PT Merpati Nusantara Airlines shareholders approved the company's plans to borrow a bridging fund of Rp561 billion from the state-owned Asset Management Company, known locally as the PPA. Merpati will use the loan as temporary capital while awaiting the disbursement of state participating capital in the same amount. It's done, Deputy Minister of State-Owned Enterprises (SOEs) for Restructuring and Strateg

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