Ripple effect: bust-up at Hongkong's Arral makes waves

Article Abstract:

A fight for control of Arral Pacific Equity Trust II (APT2), a Hongkong-based investment fund worth $176 million, is now developing between its founders, merchant bankers Anil Thadani and Louis Bowen. APT2's lucrative fees for managing the fund are inducing some of Hongkong's largest investment managers to seek control of it. The dispute, which arose over financial difficulties and disagreements over prospective land purchases, will probably reduce Hongkong investment managers' freedom of action.

Hong Kong, Mutual funds

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Local hero

Article Abstract:

Bakrie and Brothers is a successful Indonesian conglomerate which was set up in the 1940s by Achmed Bakrie. The company is ethnically Indonesian and cites this as one of its strengths. The government has tended to favor ethnic-Indonesian investors though the company is not dependent on the ruling family for privileges. The group plans to restructure to end its conglomerate status. It is organized round three business activities, plantations, infrastructure support and telecoms.

Diversified Companies, Company Profile, Bakrie and Brothers P.T.

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All under one roof: Indonesia's Dharmala group eyes a Hongkong listing

Article Abstract:

Dharmala, an Indonesian corporate group, intends to obtain a secondary listing on the Hongkong stock exchange. Dharmala will then become one of a series of Overseas Chinese firms based in Indonesia that have chosen Hongkong as a focal point for expansion into China. Dharmala, which includes eight companies in fields ranging from insurance to agricultural produce, is counting on a Hongkong listing to improve its opportunistic reputation.

Membership, Indonesia, Corporations, Stock Exchange of Hong Kong Ltd., Corporations, Indonesian, Dharmala Group

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