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Two investors to recover defaulted payments by Bank Mutiara

Monday, June 8, 2015 - 05:50

Singapore

TWO distressed-debt investors based in Mauritius won a local ruling to recover defaulted payments by Indonesia's PT Bank Mutiara from its Japanese rescuer.

Tokyo-based financial services company J-Trust Co was ordered to pay US$112.5 million of legacy debts and costs to

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