Telkom’s Share Gamble - Opinion - magz.tempo.co

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Telkom’s Share Gamble

Monday, October 5, 2020

THE main priority of a state-owned enterprise (SOE) should be to obtain the largest possible profits for the state.

Telkom’s Share Gamble. tempo : 173054318381.

Speculative actions, especially those of uncertain risk, must be avoided. Money belonging to the people, represented by the government as the majority shareholder of every SOE, must not be squandered.

This principle should be considered by SOEs Minister Erick Tohir when studying the plan by Telekomunikasi Selular (Telkomsel), a subsidiary of Telekomunikasi Indonesia, or Telkom, to buy shares in Aplikasi Karya Anak Bangsa, alias Gojek Indonesia.

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