Indonesian Political, Business & Finance News

L&M obtains RI permit

| Source: DJ

L&M obtains RI permit

SINGAPORE (Dow Jones): Singapore's L&M Group Investments Ltd. has received approval from the Indonesian Coordinating Board of Investment to incorporate PT CyberCity Indonesia in Jakarta as a foreign investment company.

Centrepoint Properties Ltd. has incorporated a company named Fraser Services Residences Pte. Ltd. with an authorized capital of S$100,000 and paid-up capital of S$2.00.

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