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PRESS DIGEST-Indonesian Business News - Dec 17

Sun Dec 16, 2007 7:41pm EST

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Following are the leading business stories in the main Indonesian newspapers on Dec. 17.

Reuters has not verified these stories and does not vouch for their accuracy. Telephone: Editorial: +62-21-384-6364. Fax: +62-21-344-8404 or Help Desk: +803-061-2124 (toll free).

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KOMPAS

- BOSOWA GROUP PLANS IPO SOON

Diversified Indonesian company, Bosowa Group, which is owned by the family of Vice President Jusuf Kalla, plans to list 30 percent of its shares to help finance investment in a new cement plant with a capacity of 2.5 million tonnes a year, the group's founder Aksa Mahmud said.

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INVESTOR DAILY

- MITSUBISHI, JAPAN PETROLEUM INJECTS $215 MLN LOAN INTO ENERGI MEGA

Mitsubishi (8058.T) Corporation and Japan Petroleum (1662.T) Exploration, have extended $215 million in loans to an Indonesian energy company, PT Energi Mega Persada Tbk (ENRG.JK), to develop an energy block in East Java, Energi said.

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