INDONESIA PRESS-Sritex wins tender to produce German, Malaysia military uniforms -reports

Sun Feb 23, 2014 8:56pm EST

Textile firm PT Sri Rejeki Isman (Sritex) has won a bidding to produce 2.1 million pieces of German and Malaysia military uniforms, CEO Iwan Setiawan said in a statement. The company earlier said it plans to issue notes worth 4.26 trillion Indonesian rupiah ($362.77 million) with a seven-year tenure that will be used to repay debt. The firm has appointed Barclays as underwriter. (Investor Daily, Kontan)

Note: Reuters has not verified this story and does not vouch for its accuracy.

($1 = 11743.0000 Indonesian rupiahs) (Compiled by Jakarta Newsroom; Editing by Supriya Kurane)