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                    [ArticleID] => 261719
                    [Title] => Creditors assure Danaharta of its share in NSC sales proceeds
                    [Summary] => Creditor-banks of the former National Steel Corp. (NSC) have assured Malaysia’s asset management firm Pengurusan Nasional Danaharta of its fair share in the proceeds of NSC’s sale to the Ispat Group of India.


Sources from the creditor-banks, who recently met with Danaharta officials in Malaysia, said Danaharta did not pose any objection to the sale.


The sources said all Danaharta wanted was an assurance that it would get its fair share from the sale of NSC to Global Infrastructure Holdings Inc., the Philippine subsidiary of the Ispat Group of India.


                    [DatePublished] => 2004-08-18 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
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PENGURUSAN NASIONAL DANAHARTA

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                    [ArticleID] => 261719
                    [Title] => Creditors assure Danaharta of its share in NSC sales proceeds
                    [Summary] => Creditor-banks of the former National Steel Corp. (NSC) have assured Malaysia’s asset management firm Pengurusan Nasional Danaharta of its fair share in the proceeds of NSC’s sale to the Ispat Group of India.


Sources from the creditor-banks, who recently met with Danaharta officials in Malaysia, said Danaharta did not pose any objection to the sale.


The sources said all Danaharta wanted was an assurance that it would get its fair share from the sale of NSC to Global Infrastructure Holdings Inc., the Philippine subsidiary of the Ispat Group of India.


                    [DatePublished] => 2004-08-18 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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abtest

Creditors assure Danaharta of its share in NSC sales proceeds

By Marianne V. Go | August 18, 2004 - 12:00am

Creditor-banks of the former National Steel Corp. (NSC) have assured Malaysia’s asset management firm Pengurusan Nasional Danaharta of its fair share in the proceeds of NSC’s sale to the Ispat Group of...

Business