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Non-Tech : Asia Pulp & Paper Company (NYSE:PAP)

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To: Dayuhan who wrote (42)10/15/1998 11:40:00 AM
From: Sun Tzu  Read Replies (1) of 63
 
Thanks, I tend to agree with all you've said. I have no answers as to the ownership of PAP. PAP does have operations in China (and to a lesser extent Singapore). The corruption level in both Indonesia and China is extremely high. So I find it unlikely that the ruling class in those countries have no ties to it. If PAP's bond prices fall, I might buy some bonds or convertibles.

All comments on Indonesia are appreciated.

Sun Tzu
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