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clock Created with Sketch. 01/02/17
17:24
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Originally posted by tt2000
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From the ASX query on 15/08/16 - some 6 months ago I might add...In Kupang, Pak Marthen is known as a wealthy individual who had worked with Indonesia's largest companies and was closely associated with Astra International Group. In the business community in Kupang, it is recognised that he is philanthropic in his approach to the community in Kupang and they estimate his wealth to be in excess of USD$150 million. Consistent with this and after request from the Company in response to ASX questions, Pak Marthen has been prepared to provide to the Company evidence of his financial standing. This has included the opportunity for the Company to review financial statements and financial instruments associated with Pak Marthen. This information supports the view of the Company that Pak Marthen has the financial capacity and standing to complete his obligations as disclosed by the Company to ASX.
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