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Non-Tech : Asia Pulp & Paper Company (NYSE:PAP) -- Ignore unavailable to you. Want to Upgrade?


To: peter michaelson who wrote (12)7/28/1998 12:17:00 PM
From: Milk  Respond to of 63
 
Tuesday July 28, 10:51 am Eastern Time

Asia Pulp says Indonesian operations fine

SINGAPORE, July 28 (Reuters) - Asia Pulp and Paper Company Ltd (APP) said on Tuesday its Indonesian operations continue without
disruption and have not been subjected to any labour, environmental or other operating difficulties.

''All of the group companies continue to meet their interest coupon payments and scheduled debt repayments as such obligations become due
and payable,'' said the New York-listed company in a second quarter update on recent developments.

It said that on July 30, 1998, PT Pabrik Kertas Tjiwi Kimia will pay to the trustee US$43.25 million representing interest due August 1, 1998,
for two of its note issues.

APP also said it was planning two tours for investors, one to its mills in China and another to its forestry plantations in Indonesia.

APP, headquartered in Singapore, has current pulp capacity of two million tonnes and paper and packaging capacity of 3.3 million tonnes. It
has manufacturing facilities in Indonesia, China and India.

More Quotes and News:
Asia Pulp & Paper Co Ltd (NYSE:PAP - news)
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To: peter michaelson who wrote (12)8/11/1998 10:50:00 AM
From: Milk  Read Replies (1) | Respond to of 63
 
PAP is taking a beating today: Last Trade 10:20AM ú 6 3/4.

If I only had some spare cash...<g>

Regards,

Milk