Procon, Jones Lang cut ties

Procon, Jones Lang cut ties

JAKARTA (JP): PT Procon Indah and Jones Lang LaSalle have
agreed to separate their operations in Indonesia at the
conclusion of their Technical Services Agreement, which expires
on June 30.

The two companies said in a joint statement issued on Tuesday
that they would continue their 20-year history of operations in
the country independently.

"Procon Indah will continue its operations in the property
sector, while Jones Lang LaSalle will provide services primarily
focused on regional and global clients through its wholly owned
entity PT Jones Lang La Salle," the statement said.

In the interests of our clients, existing customers will be
divided according to services provided by each company, the
statement said.

Both companies will also be undertaking further recruitment to
meet the needs of the new business initiatives, it said. (03)