Chandra Asri to be listed

Article Abstract:

The Indonesian Bank Restructuring Agency (IBRA) intends to take PT Chandra Asri Petrochemical Center public. IBRA, which has control of 40% of all corporate assets in the country, is planning a takeover of the manufacturer of materials for the plastics industry. IBRA's plan to list the company's stocks at the Surabaya Stock Exchange comes as a surprise to Japanese investors, led by Marubeni Corp, who said that public listing is still one of the alternatives under consideration.

Strategy & planning, Banking Institutions, Depository Credit Intermediation, Banking industry, Management, Mergers, acquisitions and divestments, Banks (Finance), PT Chandra Asri Petrochemical Centre

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Indonesian advertisers move to infectious beat of dangdut

Article Abstract:

Half of Indonesia's top-rated television programming features dangdut, a blend of Indian and Arab pop music that is sweeping the country. Consumer product companies are using the music to target lower-class markets. The advertising market in Indonesia topped $148 million in the first quarter of this year, a growth rate of 22%.

Marketing procedures, Advertising agencies, Industry Market Data, Demographics, Column, Popular culture, Music, Music in advertising, Advertising music

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Chandra Asri deal finalized

Article Abstract:

Indonesia has approved a $1.2 billion debt-restructuring package for petrochemical producer PT Chandra Asri in which creditor Marubeni Corp. of Japan will be paid back over 15 years. The Indonesian Bank Restructuring Agency will also trade $413.6 million of Chandra Asri's debt for a 31% stake in the company.

Japan, Diversified Companies, Receipt of funds, Use of Funds, Industrial Organic Chemicals, Cyclic crudes and intermediates, Statistical Data Included, Indonesia. Bank Restructuring Agency, Marubeni Corp., Chandra Asri P.T.

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