Mission: Impossible
The sales target for state-owned enterprises has been raised from Rp6.5 trillion to Rp8.7 trillion Can it be reached?
May 22, 2001
M Taufiqurohman, Leanika Tanjung and Dewi Rina Cahyani
2001 Privatization Plan | ||||||
Name | Line of Business | Government Ownership (%) | % Shares Sold | Time | Privatization Method | Lead Underwriter |
Indofarma | Pharmaceutical | 100 | 10-49 | March | IPO | Bahana |
Pupuk Kaltim | Fertilizer | 100 | 10-49 | May | IPO/Strategic Sale | Danareksa |
Wisma Nusantara Int'l | Hotels/Offices | 42 | Up to 32 | May | Strategic Sale | -- |
Kimia Farma | Pharmaceutical | 100 | 10-35 | June | IPO/Strategic Sale | Danareksa |
Sucofindo | Surveyor | 95 | 15-20 | July/August | Strat | |