Takenaka, C-Cure sign deal

Takenaka, C-Cure sign deal

JAKARTA (JP): Japanese property-contractor Takenaka
Corporation signed a memorandum of understanding with U.S. firm
C-Cure Corporation yesterday for the supply of building materials
for a residential tower building project.

The agreement, which was signed by Takenaka's general manager,
Tokuo Sasaki, and C-Cure's international vice president of sales
and marketing, Griffith J. Williams, means C-Cure will provide
ceramic products for the Four Seasons Regent Residences
condominiums which are under construction.

Takenaka is Four Seasons-Regent Residences' major contractor.
The condominiums are being built on a 2.4-hectare site near the
Regent Jakarta hotel.

The four-tower condominiums will cost US$190 million to build.
Two towers are expected to complete next year and two in 1999.

The project would be the first for the Los Angeles-based C-
Cure, Williams said.

C-Cure has chosen PT Guna Lemindo as its Indonesian affiliate.
(icn)