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Article: INDONESIA'S PT EVER SHINE TEX TBK TO SEEK DEBT RESCHEDULING.
- Article from:
- AsiaPulse News
- Article date:
- June 17, 2003
CopyrightCOPYRIGHT 2003 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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JAKARTA, June 17 Asia Pulse - Indonesian textile and garment manufacturer PT Ever Shine Tex Tbk (JSX:ESTI) said it will seek rescheduling of a US$9.9 million debt which matures this year.
Ever Shine director Erlien L. Surianto yesterday said the company will need an agreement from its creditors because it could not repay the debt as scheduled.
The company reported sales of Rp88.8 billion (US$1.1 million) in the ...
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