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Big Sale, Limited Bidders

Tuesday, July 8, 2003

Nine prospective buyers have already passed the first stage in the strategic assets sale. It is thought, however, that IBRA will have problems getting good prices.

arsip tempo : 173523284314.

. tempo : 173523284314.

ONCE again, there hasnt been a great deal of interest in what the Indonesian Bank Restructuring Agency (IBRA) has put up for sale.

The debt of four large companies being offered in the first stage of this strategic assets sale program has apparently only attracted a grand total of nine investors. This time around, whats on sale include the debt of the Texmaco Group (textiles and engineering), Chandra Asri (petrochemicals), Bakrie Nirwana Resor

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