PTPP to sell Rp 1 trillion bonds to finance expansion
“We issue bonds instead of seeking loans for our projects because the debt papers have a maturity date that is in line with our expansion,” PTPP corporate secretary Betty Ariana said on Tuesday. According to its prospectus, PTPP, which is 51 percent …
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No end in sight for Gush Katif expellees
But you have people here who took huge loans and are still paying off mortgages on the houses which were ruined in Gush Katif.” She adds that “the government money was used for living expenses. … We're getting very nice prospectim [brochures] from …
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Bug Line Recreational Trail go continues
Sawall intends to develop five high-end 30-unit apartment buildings on the site along with two retail stores. Sawall said he can start construction of two of the apartment buildings before the trail is went. He anticipates breaking ground on the …
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