FMPOCFederation of Malaysian Port Operating Companies
References in periodicals archive ?
As previously announced, FMPO and FMPOC have been engaged in discussions with third parties regarding obtaining new financing for the existing debt of FMPOC, which has significant maturities beginning in January 1996 when $74 million of debt becomes due.
In connection with these negotiations, FMPOC has analyzed the carrying amount in its financial statements of its investment in real estate assets and concluded that under financial accounting standards it should reduce these amounts through a noncash write-down in 1994.
FMPOC anticipates that the permit will be issued during the first quarter of 1995.