Dark secret behind $337m luxury yacht
IT HAS A helicopter pad, plunge pool, gym and a cinema. Which is all very nice. But now this impressive superyacht is at the centre of an international scandal.
Category Archives: Batam, Indonesia
Southeast Asia Getting Killed by Logging and Mining
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Garuda Unit Set for Indonesia’s Biggest Share Sale in a Year
PT Garuda Maintenance Facility AeroAsia, a unit of national carrier PT Garuda Indonesia, plans to raise as much as $300 million in an initial share sale to fund setting up of a new unit in an island near Singapore and expand overseas. GMF AeroAsia, which conducts maintenance, repair and overhaul of aircraft for 170 customers, will offer between 20 percent and 30 percent of its equity to investors and is targeting an October listing on the Indonesia Stock Exchange, said President Director Iwan Joeniarto.