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Article: INDONESIA'S IBRA MULLS FUTURE OF LOCAL SHRIMP FARM.
- Article from:
- AsiaPulse News
- Article date:
- January 5, 2004
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JAKARTA, Jan 5 Asia Pulse - The Indonesian Bank Restructuring Agency (IBRA) has yet to make a decision on what it will do with the PT Dipasena shrimp farm, owned by one of its debtors, Syamsul Nursalim, a spokesman said.
"We have yet to decide what to do with the shrimp farm before our task is over next February," IBRA Chief Syafruddin A Temenggung said.
But IBRA was now in control of all the assets of Syamsul as part of the settlement of his debts to the state, he said.
About Syamsul's two other assets, the Gajah Tunggal (GT) Petrochem and GT Tyre companies, Syafruddin said IBRA had to wait for the Settlement of the Stakeholders (PKPS) ...