Bakrie Sumatra Plantations (UNSP) finally completed the restructuring of debts owned by one of its subsidiaries, Domas Agrointi. With the restructuring, the lender gives relief to Domas to pay interest only for one year, without having to pay the principal debt repayments. The plan, after Domas can produce well and making a profit, Domas will begin to repay principal owed. So that was Domas debt default status is now turned into a regular debt.
This year UNSP will focus on developing oleochemicals business that had been occupied Domas. UNSP expects oleochemicals business will give contribution about 80 % to consolidated sales in 2012
This year UNSP will focus on developing oleochemicals business that had been occupied Domas. UNSP expects oleochemicals business will give contribution about 80 % to consolidated sales in 2012