Article: INDONESIA'S IBRA MULLS FUTURE OF LOCAL SHRIMP FARM.

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) ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!