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Creditors agree to restructure APP's debts.(Corporate News In Brief)(Asia Pulp and Paper Company Ltd.)(Brief Article)

After protracted negotiations 93% of the creditors of Asia soft part & Paper (APP) agreed to restructure the due of the company's Indonesian units. With the majority approval, the master restructuring agreement (MRA) will be abundantly effective as from Jan. 312005 to start with payment of the first installment. The MRA was already signed by means of part of the creditors upon Oct. 30, 2003. Singaporean-based APP has four subsidiaries in





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