Mobile - 8 Pay Sinking Funds in August

Wednesday, July 01, 2009

Mobile-8 Telecom Corporate Secretary Chris Taufik stated that the company would pay 16 billion rupiah sinking funds in August and September. "Where we get the fund is not important, but we attempt to pay in due time," said Chris in Jakarta yesterday. The company's internal cash flow in the first quarter of 2009 was 12.3 billion rupiah. The Obligation Holder General Meeting held last Monday had decided upon the company to prepare the fund to pay rupiah obligation interest. The obligation in question, which was released in March 2007, had been the subject of problem as Mobile - 8, did not pay the interest. Instead, the company wanted to restructure it. / Koran Tempo, pg A15

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