{
    "success": true,
    "data": {
        "id": 1188951,
        "msgid": "inco-gets-equity-injection-1447893297",
        "date": "1995-06-02 00:00:00",
        "title": "Inco gets equity injection",
        "author": null,
        "source": "JP",
        "tags": null,
        "topic": null,
        "summary": "Inco gets equity injection JAKARTA (JP): Parent companies of the listed PT International Nickel Indonesia (Inco) would inject an equity investment of US$2 billion for its nickel mining in southern Sulawesi. \"We will inject two billion dollars to finance the expansion of our mining operation in Soroako, southern Sulawesi,\" James D. Guiry, Inco's president, was quoted by Antara as saying in Singapore Wednesday. Inco, which is listed on the Jakarta Stock Exchange, is 58.2 percent owned by Inco Ltd.",
        "content": "<p>Inco gets equity injection<\/p>\n<p>JAKARTA (JP): Parent companies of the listed PT International<br>\nNickel Indonesia (Inco) would inject an equity investment of US$2<br>\nbillion for its nickel mining in southern Sulawesi.<\/p>\n<p>\"We will inject two billion dollars to finance the expansion<br>\nof our mining operation in Soroako, southern Sulawesi,\" James D.<br>\nGuiry, Inco's president, was quoted by Antara as saying in<br>\nSingapore Wednesday.<\/p>\n<p>Inco, which is listed on the Jakarta Stock Exchange, is 58.2<br>\npercent owned by Inco Ltd. of Canada, 20.1 percent by Sumitomo<br>\nMetal Mining Co. of Japan and 20.0 percent by the investing<br>\npublic, while the remaining five percent is owned by five other<br>\nJapanese firms.<\/p>\n<p>Guiry said that the expansion is targeted to increase Inco's<br>\nannual production capacity to 68 million kilograms from 45<br>\nmillion kilograms at present.<\/p>\n<p>Inco reported in April that its unaudited net profit tripled<br>\nto $25.8 million in the first quarter of this year from $8.7<br>\nmillion in the same period of last year. (hdj)<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/inco-gets-equity-injection-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}