"The company has already expressed its interest to be listed at the BEI," he said after attending the 10th International Conference on Marketing and Management Sciences at the Economics Faculty of state University of Indonesia here on Wednesday.
PT Newmont Nusa Tenggara has decided to conduct an initial public offering.
The company has three reasons to conduct an IPO namely to give an opportunity for the public in Sumbawa in particular to buy its shares, to help the government`s economic policy and to make it easier to raise funds.
State-owned companies that will soon be listed at the BEI are plantation company PT Perkebunan Nusantara, insurance company PT Jasa Asuransi Indonesia (Jasindo) and others.
Ito said the state-owned companies are now still processing it. He said the process was different from that of private companies namely the companies had to get an approval from the House of Representatives (DPR).
"Indeed the process is still long. The government has to prepare everything soon," he said.
Among the state-owned companies that have recently gone public are PT Krakatau Steel, bank BTN and airline company PT Garuda Indonesia.
(T.F006/Uu.H-YH/H-NG/R013)
Editor: Priyambodo RH
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