{
    "success": true,
    "data": {
        "id": 1201287,
        "msgid": "ayala-joins-ri-property-firm-1447893297",
        "date": "1995-01-25 00:00:00",
        "title": "Ayala joins RI property firm",
        "author": null,
        "source": "",
        "tags": null,
        "topic": null,
        "summary": "Ayala joins RI property firm JAKARTA (JP): Ayala Land Inc., a Philippine property company, has acquired a 25 percent stake in PT Menara Duta, a property firm affiliated with the Tigaraksa Group, the Indonesian company revealed in a report yesterday. \"This investment provides Ayala Land with an entry point into the Indonesian property market. We expect to gradually increase our presence in the country as opportunities arise,\" Ayala's president, Francisco H.",
        "content": "<p>Ayala joins RI property firm<\/p>\n<p>JAKARTA (JP): Ayala Land Inc., a Philippine property company,<br>\nhas acquired a 25 percent stake in PT Menara Duta, a property<br>\nfirm affiliated with the Tigaraksa Group, the Indonesian company<br>\nrevealed in a report yesterday.<\/p>\n<p>&quot;This investment provides Ayala Land with an entry point into<br>\nthe Indonesian property market. We expect to gradually increase<br>\nour presence in the country as opportunities arise,&quot; Ayala&apos;s<br>\npresident, Francisco H. Licuanan, is quoted by the report as<br>\nsaying.<\/p>\n<p>The report said that Menara Duta, which has interests in a<br>\ndiversified mix of properties in Jakarta, is the majority<br>\nshareholder of the Ascott Executive Residences and Ascott Towers<br>\ncondominium complexes. (riz)<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/ayala-joins-ri-property-firm-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}