IDX Hopes BP Danantara Investment to Drive BUMN IPO
LABUAN BAJO, iNews.id – Indonesia stock exchange (BEI)hope the existence of the Anagata Nusantara Power Investment Management Agency (BP Danantara Investment) can speed up the initial share offering process or initial public offering (initial public offering) state-owned companies.
BEI President Director Iman Rachman believes in the government's decision to form a super holding BUMN will have a positive impact, both for companies and the Indonesian capital market.
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“We hope that with superholding it will be in accordance with the benchmarking. “The target is better speed and supervision,” said Iman in Labuan Bajo, East Nusa Tenggara (NTT) quoted on Friday (1/11/2024).
IDX hopes that state-owned companies or their subsidiaries will carry out an IPO in 2025. Bursa is also optimistic that the new government, in this case the Minister of BUMN and his staff, will be able to continue the BUMN program and its subsidiaries in a sustainable manner.
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Iman said that currently there are no state-owned companies or state-owned subsidiaries in the IPO pipeline. Iman hopes that among Pertamina's subsidiaries, PalmCo and Inalum can be listed on the stock exchange.
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