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Article: INDONESIAN GOVT TO PRIVATISE JASINDO, BTN THROUGH IPOs IN 2008.
- Article from:
- AsiaPulse News
- Article date:
- November 13, 2007
CopyrightCOPYRIGHT 2007 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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JAKARTA, Nov 13 Asia Pulse - State insurance company PT Asuransi Jasa Indonesia (Jasindo) and state savings bank BTN are ready to be privatized through initial public offerings (IPOs) next year, an official said.
"The two companies are among seven state enterprises that will be privatized in 2008 through IPOs. The government plans to privatize 16 state enterprises including the seven in the years to come," Deputy for Banking and Financial Services Affairs to the State Enterprises Minister Parikesit Suprapto said here Monday.
PT Krakatau Steel, PT Semen Baturaja, PT Sucofindo, PT Surveyor Indonesia and PT Waskita Karya were five state enterprises that ...