More carmakers caught in headlights of VW engine-rigging scandal

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Volkswagen has admitted it installed illegal software into 11 million 2.0 liter and 3.0 liter diesel engines worldwide (AFP Photo/Josh Edelson)

Volkswagen emissions scandal

Iran's 'catastrophic mistake': Speculation, pressure, then admission

Iran's 'catastrophic mistake': Speculation, pressure, then admission
Analsyts say it is irresponsible to link the crash of a Ukraine International Airline Boeing 737-800 to the 737 MAX accidents (AFP Photo/INA FASSBENDER)

Missing MH370 likely to have disintegrated mid-flight: experts

Missing MH370 likely to have disintegrated mid-flight: experts
A Malaysia Airlines Boeing 777 commercial jet.

QZ8501 (AirAsia)

Leaders see horror of French Alps crash as probe gathers pace

"The Recalibration of Awareness – Apr 20/21, 2012 (Kryon channeled by Lee Carroll) (Subjects: Old Energy, Recalibration Lectures, God / Creator, Religions/Spiritual systems (Catholic Church, Priests/Nun’s, Worship, John Paul Pope, Women in the Church otherwise church will go, Current Pope won’t do it), Middle East, Jews, Governments will change (Internet, Media, Democracies, Dictators, North Korea, Nations voted at once), Integrity (Businesses, Tobacco Companies, Bankers/ Financial Institutes, Pharmaceutical company to collapse), Illuminati (Started in Greece, with Shipping, Financial markets, Stock markets, Pharmaceutical money (fund to build Africa, to develop)), Shift of Human Consciousness, (Old) Souls, Women, Masters to/already come back, Global Unity.... etc.) - (Text version)

… The Shift in Human Nature

You're starting to see integrity change. Awareness recalibrates integrity, and the Human Being who would sit there and take advantage of another Human Being in an old energy would never do it in a new energy. The reason? It will become intuitive, so this is a shift in Human Nature as well, for in the past you have assumed that people take advantage of people first and integrity comes later. That's just ordinary Human nature.

In the past, Human nature expressed within governments worked like this: If you were stronger than the other one, you simply conquered them. If you were strong, it was an invitation to conquer. If you were weak, it was an invitation to be conquered. No one even thought about it. It was the way of things. The bigger you could have your armies, the better they would do when you sent them out to conquer. That's not how you think today. Did you notice?

Any country that thinks this way today will not survive, for humanity has discovered that the world goes far better by putting things together instead of tearing them apart. The new energy puts the weak and strong together in ways that make sense and that have integrity. Take a look at what happened to some of the businesses in this great land (USA). Up to 30 years ago, when you started realizing some of them didn't have integrity, you eliminated them. What happened to the tobacco companies when you realized they were knowingly addicting your children? Today, they still sell their products to less-aware countries, but that will also change.

What did you do a few years ago when you realized that your bankers were actually selling you homes that they knew you couldn't pay for later? They were walking away, smiling greedily, not thinking about the heartbreak that was to follow when a life's dream would be lost. Dear American, you are in a recession. However, this is like when you prune a tree and cut back the branches. When the tree grows back, you've got control and the branches will grow bigger and stronger than they were before, without the greed factor. Then, if you don't like the way it grows back, you'll prune it again! I tell you this because awareness is now in control of big money. It's right before your eyes, what you're doing. But fear often rules. …

Monday, April 9, 2007

Bhakti Investama to raise $340 million

The Jakarta Post, Jakarta

Publicly-listed investment firm PT Bhakti Investama plans to raise US$340 million through new bond and share issuances, using the proceeds to strengthen its holdings in media and toll road businesses.

The move follows previous intentions the firm had to spread its wings into the airline industry.

Bhakti Investama, which has a majority share in media giant PT Global Mediacom (formerly known as PT Bimantara Citra), will sell $170 million in bonds, which will be convertible into stock, and another $170 million in shares, the company said in a statement.

Lehman Brothers Holdings Inc., the fourth-largest U.S. securities firm, will participate in the plan, having agreed on April 5 to lend $100 million to the company at 6 percent interest, Bhakti Investama's president Hary Djaja said.

Two other undisclosed investors have also agreed to provide similar loans totaling another $100 million.

The loans will be converted into bonds and later switched to shares when the stock price reaches Rp 1,650 (18 U.S. cents).

Bhakti's shares, which are traded as BHIT on the Jakarta Stock Exchange, were unchanged at Rp 1,140 during last week's market closing.

Hary Djaja said the company will use the proceeds from the planned issuances to boost its stakes in Global Mediacom -- which owns a network of newspaper, television and radio stations as well as telco firm Mobile-8 -- and toll-road operator PT Citra Marga Nusaphala Persada.

Bhakti Investama currently owns a 41 percent stake in Global Mediacom, whose BMTR shares rose slightly by 0.5 percent to Rp 4,975 last week, and a 9 percent stake in Citra Marga, whose CMNP shares slipped 2.5 percent to Rp 1,950.

Other plans for the proceeds may include Bhakti Investama venturing into the airline industry, with the company currently in talks to buy a stake in PT Adam Skyconnection Airlines, planning to improve the privately-owned carrier which has been plagued by two accidents this year alone.

Bhakti Investama already owns publicly-listed chartered-carrier PT Indonesia Air Transport, whose IATA shares slipped 0.6 percent to Rp 146 last week.

Adam Air may sell a stake of less than 50 percent to Bhakti Investama, the airline's president director Adam Suherman had said.

Bhakti Investama's planned bond and share sale is still pending approval through an extraordinary shareholders meeting, Hary Djaja said. The company is also slated to hold its annual shareholders meeting in June.

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