“ … 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.)

Monday, October 27, 2008

Government ready to carry out share buy-back program through PIP

Jakarta (ANTARA News) - The government is ready to continue its share buy-back program in the Indonesian Stock Exchange (BEI) through the Government Investment Center (PIP) whose fund management also involves the asset management company PT Perusahaan Pengelolaan Aset (PPA), a senior official said. 

"The funds available at the PIP amount to Rp4 trillion, of which Rp2.5 trillion is managed by the PIP itself while the remaining Rp1.5 trillion is managed by the PPA," Muhammand Said Didu, secretary of the office of the state minister for Natinal Development Plan/chairman of National Development Planning Board (Bappenas), said here on Monday. 

He said that at present PPI was under the process of appointing a security firm which would be named as a buy-back broker for state-owned enterprises (SoE). 

"Once the security firm has named, the PPI and PPA will realize this week the buy-back of SoE's shares," Didu said. 

The funds with PPI were reserve funds for infrastructure development. 

Apart from the PPA, the government is also encouraging 10 publicly listed SoEs to buy back their shares at BEI with a fund accumulation reaching Rp7 trillion. 

Didu said that the office of the Ministry of Enterprises only provided directives, not intervening in the implementation of the buy-back program.

No comments: