US$ 258.3 million for Astro’s compensation
— yulyanto
closeAuthor: yulyanto
Name: Yulyanto
Site: http://www.yulyanto.com
About: I was born on July, 16th of 1979, after graduate from Senior High School on 1996, I was continued my study at University of Persada Indonesia YAI (Jakarta) on 2002, majoring in Bachelor of Accounting and then continue my study in the same institution, success to get Master of Management especially Finance Management on 2005. After finish my first Master degree in Management, I’ve got the second Master of Law at University of Indonesia (Jakarta), especially in Economics Law on 2007 by Office’s Scholarship.
I have been working at PT Sanwell Austindo-Jakarta (www.austindocorporation.com), my last position as a Finance Manager, and then start on May 2007 I have been moving as a Marketing Manager, but until now I am still responsible as an Internal Control Manager at PT Austindo Perdana- Bali (Austindo Groups).
In my spare time, usually I am always reading and writing something. Until now, I have been contributed my opinion by some media, like’s science journal, articles, blogs and also in my personal website too (www.yulyanto.com).
Someday, I hope that my written will be useful for anything all in the world ………..............................…See Authors Posts (226) • October 13th, 2008
Astro demands US$ 258.3 million (Rp. 2.46 trillion) as a compensation from Lippo’s subsidiary PT Direct Vision in a joint pay-TV operation in Indonesia.
PT Direct Vision (DV) was failed to complete the joint venture agreement with Astro, the company should be paid some compensation to Astro for theirs support and services had provided to DV.
According to recent Malaysian media reports, the breakup of Astro’s joint venture is the latest in a series of business rows between Lippo Group (James Riady) and the Malaysian business group who controlled by the high-profile tycoon (Ananda Krishnan).
Previously, they were engaged in a property business in Singapore and also in a mobile telecommunications business at Indonesia.
Topic: Business, Industry, News
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