“ … Here is another one. A change in what Human nature will allow for government. "Careful, Kryon, don't talk about politics. You'll get in trouble." I won't get in trouble. I'm going to tell you to watch for leadership that cares about you. "You mean politics is going to change?" It already has. It's beginning. Watch for it. You're going to see a total phase-out of old energy dictatorships eventually. The potential is that you're going to see that before 2013.

They're going to fall over, you know, because the energy of the population will not sustain an old energy leader ..."
"Update on Current Events" – Jul 23, 2011 (Kryon channelled by Lee Carroll) - (Subjects: The Humanization of God, Gaia, Shift of Human Consciousness, 2012, Benevolent Design, Financial Institutes (Recession, System to Change ...), Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Nuclear Power Revealed, Geothermal Power, Hydro Power, Drinking Water from Seawater, No need for Oil as Much, Middle East in Peace, Persia/Iran Uprising, Muhammad, Israel, DNA, Two Dictators to fall soon, Africa, China, (Old) Souls, Species to go, Whales to Humans, Global Unity,..... etc.)
(Subjects: Who/What is Kryon ?, Egypt Uprising, Iran/Persia Uprising, Peace in Middle East without Israel actively involved, Muhammad, "Conceptual" Youth Revolution, "Conceptual" Managed Business, Internet, Social Media, News Media, Google, Bankers, Global Unity,..... etc.)
.

Tuesday, November 13, 2007

Indonesia says Pertamina may list shares in 2012

Tue Nov 13, 2007 2:30am GMT

DENPASAR, Indonesia, Nov 13 (Reuters) - Indonesian state energy firm PT Pertamina may list on the Jakarta bourse in 2012, partly to help finance its business, the minister for state-owned enterprises said on Tuesday.

Sofyan Djalil told reporters the company would have to begin preparing to meet the stock exchange's listing regulations before holding an initial public offering and listing its shares.

"There is no problem in Pertamina going public. It may go public in about five years from now," Djalil said.

He did not give details on the amount of money that would be raised from the IPO or the size of the stake that will be listed.

Pertamina's unit, PT Elnusa, had said it plans to offer 20 percent of its shares in an initial public offering in December, which could raise as much as $100 million, to repay some of the company's debt and finance its expansion plan.

The Indonesian government plans to sell stakes in 16 companies next year in a bid to help plug the state budget deficit and improve their performance.

Indonesian companies have raised more than $3 billion so far this year in initial public offerings and follow-on equity sales, according to Thomson Financial, marking a record for Jakarta's stock market. (Reporting by Muklis Ali, writing by Harry Suhartono, editing by Sugita Katyal)

No comments: