lho rumornya kok nyontek mirip mirip BG... kemarin A, hari ini B, besok lain lagi
capedeh.com On 11/30/09, Harry Wijaya <harrywijay...@yahoo.com> wrote: > > > Nov. 30 (Bloomberg) -- Dubai’s government said it hasn’t > guaranteed the debt of Dubai World, the state-controlled holding > company struggling with $59 billion in liabilities, and that > creditors must help it restructure. > > > “The company received financing based on its project > schedule, not a government guarantee,” Abdulrahman Al Saleh, > director general of the emirate’s Department of Finance, said in > an interview with Dubai TV, when asked whether the government > was backing the debt. “Lenders should bear part of the > responsibility.” > Dubai’s government said Nov. 25 that Dubai World would seek > a standstill agreement with creditors and an extension of loan > maturities until at least May 30, 2010. The announcement led to > the biggest declines in Asian shares in three months last week > and Europe’s worst rout since April. Investors were concerned > the proposal risks triggering the biggest sovereign default > since Argentina in 2001 > Dubai shares tumbled and Abu Dhabi’s stock index today fell > the most in at least eight years on the first trading day since > the announcement. > Nakheel PJSC, Dubai World’s property unit whose $3.52 > billion Islamic bond is due Dec. 14, asked the Nasdaq Dubai > stock market today to suspend its securities “until it is in a > position to fully inform the market.” > > > Government Prospectus > “The times of implicit support are clearly over,” said > Philipp Lotter, vice-president of Moody’s Investors Service in > Dubai. “In the past entities such as Dubai World certainly > represented themselves as quasi-government entities, whereas > there was no legal obligation on behalf of the government to > support, and that has certainly shifted with last week’s > announcement.” > > > In the prospectus for its first Islamic bond sale in > October, the government said “certain strategic government- > related entities of the emirate have significant borrowings > which are not direct obligations of the government of Dubai.” > The government raised $1.93 billion from local and international > investors in the sale. > “If any of these entities are unable to, or are > potentially unable to, fulfill their debt obligations, the Dubai > government, although not legally obliged to do so and without > any obligation whatsoever, may at its sole discretion decide to > extend such support as it may deem suitable,” according to the > prospectus. > Lenders “have deemed Dubai World as part of the government > and that is not true,” al-Saleh said. > To contact the reporter on this story: > Vivian Salama in Dubai > vsal...@bloomberg.net > > > > http://www.bloomberg.com/apps/news?pid=20601087&sid=aFxSdvgvqhps&pos=1 > > > > > > > > ------------------------------------ + + + + + + + Mohon saat meREPLY posting, text dari posting lama dihapus kecuali diperlukan agar CONTEXTnya jelas. + + + + + + +Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/obrolan-bandar/ <*> Your email settings: Individual Email | Traditional <*> To change settings online go to: http://groups.yahoo.com/group/obrolan-bandar/join (Yahoo! ID required) <*> To change settings via email: obrolan-bandar-dig...@yahoogroups.com obrolan-bandar-fullfeatu...@yahoogroups.com <*> To unsubscribe from this group, send an email to: obrolan-bandar-unsubscr...@yahoogroups.com <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/