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Dec 01, 2016 15:47:28

Ciputra Development ($CTRA) eyes Rp1tn of DIRE issuance

For early stage, CTRA eyes to pledge assets through DIRE issuance with total value amounting to Rp1tn. According to Candra Ciputra, CTRA President Director, the company has Rp15-20tn of assets value which can be potentially pledged through DIRE. The company expects DIRE issuance to be realized in 4Q17. (Bisnis Indonesia)

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