{
    "success": true,
    "data": {
        "id": 1053635,
        "msgid": "sinar-mas-helps-amcol-1447893297",
        "date": "1996-10-04 00:00:00",
        "title": "Sinar Mas helps Amcol",
        "author": null,
        "source": "REUTERS",
        "tags": null,
        "topic": null,
        "summary": "Sinar Mas helps Amcol SINGAPORE (Reuter): Indonesian conglomerate Sinar Mas will inject some of its palm oil estates in Indonesia and a noodle factory in China into troubled Amcol Holdings, the Business Times said yesterday. The newspaper said the assets to be injected were worth more than Singapore $2.0 billion. It also said Amcol was to be renamed Golden Amcol. In August, Sinar Mas was named the rescuer of trading and property group Amcol by its judicial managers from Price Waterhouse.",
        "content": "<p>Sinar Mas helps Amcol<\/p>\n<p>SINGAPORE (Reuter): Indonesian conglomerate Sinar Mas will<br>\ninject some of its palm oil estates in Indonesia and a noodle<br>\nfactory in China into troubled Amcol Holdings, the Business Times<br>\nsaid yesterday.<\/p>\n<p>The newspaper said the assets to be injected were worth more<br>\nthan Singapore $2.0 billion. It also said Amcol was to be renamed<br>\nGolden Amcol.<\/p>\n<p>In August, Sinar Mas was named the rescuer of trading and<br>\nproperty group Amcol by its judicial managers from Price<br>\nWaterhouse. The judicial managers could not be immediately<br>\nreached for comment on the Business Times report.<\/p>\n<p>Amcol was placed under judicial management in July after a<br>\nPrice Waterhouse report said the company had serious cashflow<br>\nproblems and difficulties meeting its financial obligations.<\/p>\n<p>The Business Times said it was not yet known how much of Sinar<br>\nMas's palm oil estates, held under its subsidiary Smart<br>\nCorporation, would be injected into Amcol.<\/p>\n<p>The judicial managers have confirmed that they were<br>\nnegotiating with Funai of Japan to buy over Amcol's 45 percent<br>\nstake in Funai Electric (Singapore) Pte Ltd (FES) for which it<br>\npaid S$2.25 million, the Business Times also reported.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/sinar-mas-helps-amcol-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}