{
    "success": true,
    "data": {
        "id": 1550781,
        "msgid": "kl-firm-forms-ri-venture-1447893297",
        "date": "1997-07-21 00:00:00",
        "title": "KL firm forms RI venture",
        "author": null,
        "source": "REUTERS",
        "tags": null,
        "topic": null,
        "summary": "KL firm forms RI venture KUALA LUMPUR (Reuter): Malaysian cement and timber firm Tengggara Capital Bhd has signed a joint-venture agreement with P.T. Samana Citra Agung to undertake a US$450 million cement plant project in Indonesia. In a statement, Tenggara said the 50-50 joint-venture company will participate in conducting a feasibility study and the planning, installation and commissioning of a three million ton integrated cement plant in Aceh, Indonesia.",
        "content": "<p>KL firm forms RI venture<\/p>\n<p>KUALA LUMPUR (Reuter): Malaysian cement and timber firm<br>\nTengggara Capital Bhd has signed a joint-venture agreement with<br>\nP.T. Samana Citra Agung to undertake a US$450 million cement<br>\nplant project in Indonesia.<\/p>\n<p>In a statement, Tenggara said the 50-50 joint-venture company<br>\nwill participate in conducting a feasibility study and the<br>\nplanning, installation and commissioning of a three million ton<br>\nintegrated cement plant in Aceh, Indonesia.<\/p>\n<p>The project cost will be financed by internal funds and<br>\nborrowings, it said.<\/p>\n<p>The plant will be used to manufacture cement for distribution<br>\nand sale in Indonesia and Malaysia.<\/p>\n<p>Tenggara said the project is of strategic importance to its<br>\nfuture role as a major cement producer in the Southeast Asian<br>\nregion.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/kl-firm-forms-ri-venture-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}