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IBRA EXTENDS SCHEDULE ON INVESTMENT ASSET SALES PROGRAM.

Asia Africa Intelligence Wire

| December 01, 2002 | COPYRIGHT 2002 Financial Times 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)Copyright

(From Antara - The Indonesian National News Agency)

Jakarta, Dec 1 (ANTARA) - The Indonesian Bank Restructuring Agency (IBRA) and Holdiko Perkasa altered the Investment Asset Sales Program (PPAI) schedule to give more time to the investor to participate in the program, an IBRA employee said.

"We have announced to the public through the media about the revised schedule for the program," Holdiko's investor relations officer Irwawati Koswara said here on Saturday.

Up to now, she said, 73 investors most of whom are domestic, have expressed interest in the program.

In the preliminary process, IBRA through Holdiko Perkasa will offer six companies ...

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