Antara News
13 May 2008
Jakarta (ANTARA News) - Singapore`s state-owned investment firm Temasek Holdings Pte. Ltd is planning to file an appeal with Indonesia`s Supreme Court after its objections against the country`s anti-trust body ruling that it had violated Indonesia`s anti-monopoly law were rejected by the Central Jakarta District Court last week.
Temasek had previously filed an appeal with the Central Jakarta district court over a ruling in November last year by the Business Competition Supervisory Committee (KPPU) that it and its subsidiaries had violated Indonesia`s anti-monopoly law, particularly the law`s articles on cross-ownership.
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