Indonesia State-Owned Enterprises (SOEs) Urged to Hold Back on External funds & IPOs
KONTAN.CO.ID - JAKARTA. The political year has slowed down the expansion agenda of State-Owned Enterprises (SOEs). The government is said to have asked SOEs and their subsidiaries to hold back on gathering external funds, including through initial public offerings (IPO) in the Indonesia Stock Exchange.
Information obtained by KONTAN, revealed that the Ministry of SOEs warned the directors of state-owned and subsidiary companies to be cautious in limiting their expansion. "There are instructions for SOEs and their subsidiaries to hold back. If an IPO is necessary, it should be done no later than June this year. After that, it is not allowed," said a director in one of the SOEs last week.
Ini Artikel Spesial
Agar bisa lanjut membaca sampai tuntas artikel ini, pastikan Anda sudah berlangganan.
Sudah berlangganan? MasukBerlangganan dengan Google
Gratis uji coba 7 hari pertama. Anda dapat menggunakan akun Google sebagai metode pembayaran.
Kontan Digital Premium Access
Business Insight, Epaper Harian + Tabloid, Arsip Epaper 30 Hari
Rp 120.000
Business Insight
Hanya dengan 20rb/bulan Anda bisa mendapatkan berita serta analisis ekonomi bisnis dan investasi pilihan
