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View all search resultscapital-injection
Business 8 years ago
State asset management firm injects Rp 1.94t into eight SOEs
State-owned asset management firm PT Perusahaan Pengelola Aset (PPA) has injected some Rp 1.94 trillion (US$143.48 million) into eight state-owned companies (SOEs) up until September, to assist the companies’ restructuring programs.
Business 8 years ago
House wants audit on SOEs receiving state capital
The House of Representatives’ Commission XI, which oversees financial affairs, has asked the Supreme Audit Agency (BPK) to launch a special-purpose audit into state-owned enterprises (SOEs) suffering from losses after receiving state capital injections (PMN).
Business 8 years ago
Railway operator to arrange syndicated loan for Jakarta LRT
State-owned railway operator PT Kereta Api Indonesia (KAI) says it will soon establish a loan syndication for the development of the light rail transit (LRT) service in Greater Jakarta, following the disbursement of government funds for the project.
Business 8 years ago
Qatar National Bank injects Rp 2.18t into QNB Indonesia
The Qatar National Bank QPSC (QNB Group) as the controlling shareholder of Bank QNB Indonesia has injected Rp 2.18 trillion (US$162.72 million) into the bank as capital paid in advance as well as acting as standby buyer in the rights issue of Bank QNB Indonesia.
Business 9 years ago
Railway operator needs capital injection to invest in LRT
The government intends to propose to the House of Representatives a state capital injection (PMN) for state-owned railway operator PT Kereta Api Indonesia (KAI), to help the company invest in the ongoing light rail transit (LRT) project in Greater Jakarta.
Business 9 years ago
Energy, mining, financial services holdings to be formed first: SOE minister
With the government set to no longer provide state-capital injections in 2017, state-owned enterprises are going to build holdings to develop the country’s economy, State-Owned Enterprises Minister Rini Soemarno said on Thursday.
