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Debts

First Manulife, Now Danareksa

Tuesday, July 2, 2002

The management of the JSE building is to be sued by its creditors in the Singapore courts because they feel it hasn't been repaying its debts.

arsip tempo : 173514445896.

. tempo : 173514445896.

APPARENTLY the rather elaborate Jakarta Stock Exchange (JSE) building has been hiding a really chronic ulcer. The case began six years ago and there are no signs yet of it ending. And like the Manulife case, there is even the possibility that it could put the international spotlight on Indonesia again.

The JSE lawsuit began when the owner, PT Danareksa Jakarta International, wanted to expand the building. The majority of the shares in Dana

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