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E-pay to close Indonesian operations due to increasing complexities


Published :
Mon, 22 Oct 2007 07:24
By : Agencies
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LONDON (Thomson Financial) - E-pay Asia Ltd said it has decided to close its operations in Indonesia as a result of the increasing complexities and challenges it faces in the country.

But it added its full-year expectations remain unchanged and its core business in Malaysia continues to perform well.

E-pay Asia said good progress is being made towards entering new markets and it remains confident of future prospects.

TFN.newsdesk@thomson.com

faj/ms1

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Copyright Thomson Financial News Limited 2007. All rights reserved.

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