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Article: SINGAPORE'S AQUATICO SET TO BUY THAMES PAM JAYA OF INDONESIA.
- Article from:
- AsiaPulse News
- Article date:
- December 5, 2006
CopyrightCOPYRIGHT 2006 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, Dec 5 Asia Pulse - Singapore-based Aquatico Pte Ltd. said on Tuesday it will invest US$15 million in Thames Pam Jaya (TPJ) if PT Pam Jaya and the Jakarta administration approve its plan to buy Thames Waters' 100 percent stake in TPJ.
"We will use the US$15 million in fresh funds to build water processing installations to produce drinkable water and new pipelines," said Rosan P Roeslani, president director of PT Recapital Advisor which ...