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SHUAA signs MoU with Pratama Capital Indonesia.

SHU Capital has entered into a Memorandum of Understanding A Memorandum of Understanding (MoU) is a legal document describing a bilateral or multilateral agreement between parties. It expresses a convergence of will between the parties, indicating an intended common line of action and may not imply a legal commitment.  (MoU) with PT Pratama Capital Indonesia (PCI (1) (Payment Card Industry) See PCI DSS.

(2) (Peripheral Component Interconnect) The most widely used I/O bus (peripheral bus).
). The MoU involves the development of a mutually beneficial collaboration between the two firms, offering a variety of investment banking services to issuers and investors in the UAE and the Republic of Indonesia.

The MoU was signed in Dubai by HH Sheikh Maktoum Hasher Al Maktoum, Executive Chairman of SHU Capital and Dr. H. Sugiharto, Senior Advisor of PT Pratama Capital Indonesia and former Minister of State-Owned Enterprises in the United Indonesia Cabinet United Indonesia Cabinet (Kabinet Indonesia Bersatu) is a presidential cabinet of Indonesia led by President Susilo Bambang Yudhoyono. It consists of Ministers, secretaries and an Attorney General.  as well as Dr. Iwan Margana, President Director of PT Pratama Capital Indonesia.

The Republic of Indonesia is the sixteenth largest economy in the world and a G-20 member with a GDP (purchasing power parity Purchasing power parity

The notion that the ratio between domestic and foreign price levels should equal the equilibrium exchange rate between domestic and foreign currencies.
) of over $1.1 trillion and real GDP growth of 6.5 per cent In 2011. Bilateral trade between the UAE and Indonesia has grown by over 25 per cent to $2.5 billion in 2011 and is expected to increase substantially in the coming years.

PT Pratama Capital Indonesia is a limited liability company established in the Republic of Indonesia in 2004. PCI is licensed as an Underwriter/Broker-Dealer by the Indonesian Capital Market & Financial Institution Supervisory Board and a member of the Indonesian Stock Exchange.

HH Sheikh Maktoum Hasher Al Maktoum, Executive Chairman of SHU Capital said, "With this MoU we are taking an important first step to develop representation in the largest Southeast Asian economy and start facilitating cross-border capital flows between the UAE and Indonesia."

Dr. Sugiharto, Senior Advisor of Pratama Capital Indonesia added, "Pratama Capital Indonesia seeks to expand its reach to the UAE and other GCC countries in light of increasing trade activity and investor interest between our countries. Our goal is to build a trusted relationship with SHU to the benefit of our clients who wish to leverage our combined expertise and investment banking advisory capabilities."

2012 CPI Financial. All rights reserved.

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Publication:CPI Financial
Geographic Code:9INDO
Date:Dec 5, 2012
Words:331
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