“ … 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, December 15, 2009

Only three state firms to go public in 2010

Nani Afrida, The Jakarta Post, Jakarta | Tue, 12/15/2009 8:10 PM

State Enterprises Minister Mustafa Abubakar confirmed Tueday that only three state companies — construction company PT Pembangunan Perumahan, flag carrier PT Garuda Indonesia and steel maker PT Krakatau Steel — qualified for privatization through an initial public offering (IPO) in 2010.

PT Pembangunan Indonesia would be privatized in the first semester of 2010, while Garuda Indonesia and Krakarau Steel in the second semester, Mustafa said.

“Garuda will go public in the middle of 2010, probably in June, while Krakatau Steel will follow in the second semester,” he said.

He said the government would also watch the condition of the steel market, particularly after the ASEAN-China Free Trade Agreement (FTA) takes effect on Jan. 1, 2010, before deciding on when Krakatau Steel could go public.

Mustafa acknowledged that the FTA would influence domestic steel prices, as steel imported from China would be cheaper than Krakatau's.

“We have to see how the FTA progresses, and then we can talk about the Krakatau IPO,” he said.

Mustafa also confirmed that the government would delay the privatization of state plantation firms PT Perkebunan Nusantara (PTPN) III, PTPN IV and PTPN VII. The privatization of these companies through IPOs was previously slated for next year.

“These companies still need support from the government,” he said.

Related Article:

Garuda FRN buyback flops as IPO looms

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