Asia Pulp and Paper turns over new leaf
Article Abstract:
Singapore-based, Asia Pulp and Paper Company Ltd., is the only Asian paper company not to amalgamate with anyone in recent years, yet it is in much better shape financially. The company does, however, have a large loan debt and is making moves to restructure itself in order to cut this debt and to streamline operations. The restructuring seems to be on target as the company is expected to generate positive free cash flow next year for the first time in a long while.
Publication Name: Asiamoney
Subject: Business
ISSN: 1607-0526
Year: 1999
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Public snaps up JTC issue; Singapore
Article Abstract:
The Jurong Town Corporation in Singapore issued $300 million of medium term notes. $10 million dollars worth were sold to individuals, and the rest to institutional investors.
Publication Name: Asiamoney
Subject: Business
ISSN: 1607-0526
Year: 1998
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A preference to ease the debt load
Article Abstract:
Asia Pulp and Paper is offering $375 million in preference shares. The company borrowed $1.7 billion in 1996, but its debt-to-equity ratio became too high.
Publication Name: Asiamoney
Subject: Business
ISSN: 1607-0526
Year: 1997
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