11/06/2016

Pelindo II targets for 6 Tillion from IPO


Pelindo II targets for 6 Tillion from IPO


PT pelindo stated owned enterprise targets for 6 trillion from initial public offering (IPO) from 3 of its subsidiaries namely pt jasa armada indonesia( JAI0, pt indonesia kendaraan  terminal(IKIT) and pt pelabuhan tanjung priok (PTP). The plan of divestment of three subsidiaries will be made gradually in 2017.

President director of pelindo II elvyn g masassya said the fund from IPO will  be used for the development of the ports. Elvyn claimed not to have sured which company's share will be released first. As for now, it is still in pre release revamping stock. 

Evlyin said from divestment of shares, the company targets to gain Rp 4.5 trillion to Rp 6 trillion. The funds will be used for ports development in sorong and kijing likewise to incrase the management of subsidiaries.

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