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    12. Tourism and Services - Indonesian Business: The... - [Cached Version]
    Published on: 2/18/2000    Last Visited: 9/30/2000  

    MLC Ltd, the life insurance and investment arm of Lend Lease Corp Ltd, has raised its stake in its local insurance joint venture, Simas Lend Lease Life said MLC Financial Services Asia chief executive, Terry Baker.MLC will spend A $ 2.7 million to increase its stake in the venture to 80 %, up from 50 %.

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