PT Orient seeking to raise Islamic bond of US$120mil


KUALA LUMPUR: PT Orient Technology Indonesia, a 90% Malaysian-owned company, plans to raise Islamic bond of US$120mil soon to finance the development of the International Feeder Port of Tanjung Api-Api in southern Sumatra, Indonesia. 

Work on the port, involving US$280mil in cost, is expected to start by end 2005 and be completed in two years. 

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RM13.90/month
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RM12.33/month

Billed as RM148.00/year

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