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DEUTSCHE BANK, UFS TO WHOLLY OWN INDONESIA'S KIANI KERTAS.
JAKARTA, Nov 1 Asia Pulse - The consortium of Deutsche Bank and United Fiber System (UFS) is almost certain to wholly take over pulp and paper company PT Kiani Kertas.
The consortium agreed to pay US$200 million for the asset and in addition the consortium will repay a debt of US$170 million owed by Kiani to Bank Mandiri not ...
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- Magazine article from: Indonesian Commercial Newsletter September 13, 2005 700+ words
...consortium of Deutsche Bank and United Fiber...paper company PT Kiani Kertas. The consortium...Commission of Kiani Kertas Luhut Binsar Pandjaitan said the Deutsche Bank consortium is...170 million to Kiani Kertas has to be settled...
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- News wire article from: AsiaPulse News February 20, 2006 700+ words
...UFS) and Indonesia's PT Kiani Kertas on a plan to sell the entire...consortium involved Merrill Lynch and Deutsche Bank in the agreement with Kiani Kertas and Fayola, the majority shareholder of Kiani Kertas. UFS failed in its first attempt...
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- News wire article from: ANT - LKBN ANTARA (Indonesia) December 21, 2005 700+ words
...a pulp and paper plant managed by PT Kiani Kertas in East Kalimantan, Bank Mandiri Managing...banks. Some US201 million debts of PT Kiani Kertas to Bank Mandiri, excluding about US...first contact between Bank Mandiri and Kiani Kertas occurred in 2002, and the bank began...
- SINGAPOREANSLIKELY TO WIN BID FOR INDONESIA'S PT KIANI KERTAS.
- News wire article from: AsiaPulse News January 6, 2004 700+ words
...Singapore is likely to win the bid for PT Kiani Kertas by injecting some US$50 million of...trillion. Among the 13 units are PT Kiani Kertas which has debts of US$414.87 million...Singaporean investor is ready to acquire PT Kiani Kertas by injecting some fresh fund of Rp50...
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- News wire article from: AsiaPulse News June 10, 2004 700+ words
...the shares of pulp and paper maker PT Kiani Kertas. The share sales will help state...recover a large non-performing loan. Kiani Kertas accounts for the biggest part, or Rp1...Bank Mandiri. Chief commissioner of Kiani Kertas Luhut B. Panjaitan said the company...
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- Magazine article from: Indonesian Commercial Newsletter July 13, 2004 700+ words
...the shares of pulp and paper maker PT Kiani Kertas. The share sales will help state...recover a big non performing loan. Kiani Kertas accounts for the biggest part or Rp...Bank Mandiri. Chief commissioner of Kiani Kertas Luhut B. Panjaitan said the company...
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- Magazine article from: Indonesian Commercial Newsletter June 28, 2005 700+ words
...of understanding to wholly acquire pulp and paper maker PT Kiani Kertas, a company official said. The source said the deal is expected...having a non performing loan of around US$ 201 million in Kiani Kertas, the source said. Analysts said Bank Mandiri will gain...