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Business 7 years ago
State companies tighten monitoring to ensure product quality
Six major state-owned enterprises (SOEs) in strategic industries will team up with state surveyor firm PT Surveyor Indonesia (SI) to ensure their services and products meet the quality standards required in their respective markets.
Business 7 years ago
PGN officially becomes gas subholding company
State-owned gas distributor PT Perusahaan Gas Negara (PGN) officially became a gas subholding company on Friday after acquiring PT Pertamina Gas (Pertagas), a subsidiary of state-owned oil and gas holding company Pertamina, at a total valuation of Rp 20.18 trillion (US$1.39 billion).
Business 7 years ago
PGN gets shareholders’ approval to acquire Pertagas subsidiaries
State-owned gas company PT Perusahaan Gas Negara (PGN) has said it has obtained shareholders’ approval to acquire four subsidiaries of PT Pertamina Gas (Pertagas), in what is another step toward the establishment of a subholding company.
