Indonesia Highlights: ‘Dismiss All Individuals Involve in Old Rapid Test Kits Case’: Indonesian Minister | 10 Indonesian State Firms to Enter Stock Market until 2023 | Flower Moon to Light up Indonesi

April 30, 2021, 12.08 PM
An image of Indonesia Stock Exchange (BEI) building in Jakarta. KOMPAS.com/GARRY LOTULUNGAn image of Indonesia Stock Exchange (BEI) building in Jakarta.

10 Indonesian State Firms to Enter Stock Market until 2023

Indonesia’s State-Owned Minister Erick Thohir said that 10 state firms with high liquidity are expected to conduct initial public offerings through Indonesia Stock Exchange (IDX) until 2023.

“At least 10 state-owned enterprises will enter the stock market until 2023,” Erick said in his speech during a virtual event titled IDX-MES BUMN 17, on Thursday, April 29.

Besides, the minister also said that in the past 10 years, state-owned companies have contributed greatly to the country.

“Alhamdulillah (praise be to God), the contribution reached about 3,820 trillion rupiahs ($264.4 billion), which was obtained from taxes, dividends, and non-tax revenue (PNBP). Have we become complacent? Of course not,” he added.

Source: https://money.kompas.com/read/2021/04/29/210000626/erick-thohir-sebut-10-bumn-bakal-go-public-hingga-2023.

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