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Sampoerna acquires luxurious building.(CORPORATE HIGHLIGHTS)

Indonesian Investment Highlights

| July 01, 2005 | COPYRIGHT 2005 P.T. Data Consult, Inc. 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)Copyright

Former cigarette tycoon Putera Sampoerna has acquired a luxurious office building at a price of USS 77 million at Jakarta's most expensive business district of Jalan Sudirman. The building Sudirman Square formerly occupied by the Indonesian Bank Restructuring Agency was acquired from the Victoria Consortium, business source said. The Samporna family received Rp18.6 trillion in payment for the country's third largest cigarette maker PT H.M. ...

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Source: HighBeam Research, Sampoerna acquires luxurious building.(CORPORATE HIGHLIGHTS)

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