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Nov 08, 2016 19:01:39

Four listed SOEs to soon complete rights issuance process

Rini Soemarno, the Minister of State Owned Enterprises, stated that all the Government Regulation (PP) has been approved which should pave way for rights issue of Wijaya Karya ($WIKA), Jasa Marga ($JSMR), Krakatau Steel ($KRAS) and Pembangunan Perumahan ($PTPP). For $WIKA, the rights trading date would occur on 17-23 November 2016 while $JSMR’s rights trading date would happen on 1-7 December 2016. On separate occasion, the SOE Ministry is also considering IPO of Brantas Abipraya, a state-owned construction company

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