“ … 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.)

Sunday, April 20, 2008

Govt plans to sell 35 percent stake in PTPN III

Jakarta (ANTARA News) - The government plans to sell 35-40 percent of its stake in state plantation company PT Perkebunan Nusantara (PTPN) III through an initial public offering (IPO) probably in the second half of 2008, a minister said.

"Many predicted the market will be favorable in the second semester. If this is so, we will dispose of the stake in PTPN III," State Enterprises Minister Sofyan Djalil said here on Saturday.

The government had yet to dispose of its stake in the company due to the unfavorable market condition, he said.

PTPN III President Director Amri Siregar expressed hope the company would earn Rp1 trillion from the IPO.

"We need an estimated Rp1 trillion to develop upstream and downstream businesses," he said.

The company was waiting for a green light from the government and the House of Representatives (DPR) as stakeholders, to dispose of the stake in the company, he said.

He said the company was ready to conduct the IPO if the government as a shareholder asked it to do so and the DPR approved a plan for the IPO.

PTPN III currently manages 103,424 hectares of oil palm plantations and 38,116 hectares of rubber plantations in North Sumatra.

Last year, the company posted a net profit of Rp702.749 billion.

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