Jakarta (ANTARA News/Asia Pulse) - Indonesia's Rajawali Group and PT Ancora Internasional, in cooperation with the Cambodian government, will establish a Cambodian flag carrier, based on a memorandum of understanding signed in Phnom Penh last week.
Rajawali and Ancora will have 49 per cent of the shares and the Cambodian government would hold majority shares of 51 per cent, Rajawali managing director Darjoto Setyawan said.
Details including the investment cost had yet to be studied, Setyawan said.
Source: Business in Asia Today - NOVEMBER 26, 2007
published by Asia Pulse
Rajawali and Ancora will have 49 per cent of the shares and the Cambodian government would hold majority shares of 51 per cent, Rajawali managing director Darjoto Setyawan said.
Details including the investment cost had yet to be studied, Setyawan said.
Source: Business in Asia Today - NOVEMBER 26, 2007
published by Asia Pulse
2 comments:
While the blind lead the blind the corupt deal with the corupt.Noone will fly on Indonisia airlines so this air line will never get off the ground.
Yeah, The CPP are really stupids.
If they want to win money they should choose something else.
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