{
    "success": true,
    "data": {
        "id": 1127018,
        "msgid": "sembcorp-sells-bintan-stake-1447893297",
        "date": "2005-11-07 00:00:00",
        "title": "SembCorp sells Bintan stake",
        "author": null,
        "source": "DJ",
        "tags": null,
        "topic": null,
        "summary": "SembCorp sells Bintan stake SINGAPORE: Marine and civil engineering conglomerate SembCorp Industries Ltd. has sold its entire interest in Bintan Lagoon Resort (BLR) resulting in a write-back of about S$18 million (US$ 10.59 million) into its financial accounts, the Straits Times reports. BLR, which operates a resort on the Indonesian island of Bintan near Singapore, had been in receivership following its failure to repay about S$53 million worth of bonds since late 2000.",
        "content": "<p>SembCorp sells Bintan stake<\/p>\n<p>SINGAPORE: Marine and civil engineering conglomerate SembCorp<br>\nIndustries Ltd. has sold its entire interest in Bintan Lagoon<br>\nResort (BLR) resulting in a write-back of about S$18 million (US$<br>\n10.59 million) into its financial accounts, the Straits Times<br>\nreports.<\/p>\n<p>BLR, which operates a resort on the Indonesian island of<br>\nBintan near Singapore, had been in receivership following its<br>\nfailure to repay about S$53 million worth of bonds since late<br>\n2000.<\/p>\n<p>The write-back by SembCorp is for prior years' provisions for<br>\nloans extended to BLR.<\/p>\n<p>BLR's other shareholders include Keppel Land Ltd. -- Dow Jones<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/sembcorp-sells-bintan-stake-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}