JAKARTA -- Indonesian media and property conglomerate MNC Investama, which is developing luxury resorts with the Trump Organization, has won Singapore court approval for its notes-to-shares conversion plan as part of a $231 million debt restructuring.
Media & Entertainment
Trump's Indonesian partner wins court nod on debt restructuring
MNC owned by media tycoon Hary Tanoesoedibjo to shrink $231m loan
MNC, controlled by Hary Tanoesoedibjo, right, is involved in ongoing development of resorts in Indonesia with the Trump Organization owned by former U.S. President Donald Trump, left. (Source photos by Reuters)
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