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lontar |
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| The sale comprised the Company's Technical Assistance Contracts at Sembakung and Tanjung Lontar, as well as associated working capital of approximately US$2. PT Indah Kiat Pulp & Paper and PT Lontar Papyrus, experienced labor disputes at their mills in Perawang, Riau Province, and Tebing Tinggi, Jambi Province, with the workers demanding higher pay. The subsidiary comprises all of the Company's interests in the Sembakung and Tanjung Lontar Technical Assistance Contracts, as well as associated working capital, and results in a complete exit from Indonesia. |
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