“ … 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, January 04, 2011

Garuda $500 Million IPO Kicks Off Busy Year in Indonesia

Jakarta Globe, Denny Thomas & Vikram Subhedar | January 04, 2011

Hong Kong. Flag carrier PT Garuda Indonesia launched an up to $500 million initial public offering (IPO) on Tuesday, kicking off a busy year for capital-raising in Southeast Asia's biggest economy.

A Garuda Indonesia airplane undergoes maintenance work in the
Garuda Maintenance Facility at Soekarno-Hatta International
Airport in Cengkareng, Indonesia. The flag carrier launches an up
to $500 million initial public offering (IPO) on Tuesday. (Bloomberg
Indonesia's fast-growing economy is attracting interest from foreign investors, encouraging companies to tap equity markets.

Indonesia's benchmark share index .JKSE jumped 46 percent last year, in-part supported by $2.18 billion in foreign portfolio inflows, which was more than double the level in 2009.

Banks are also raising fresh capital to support an expected pick up in lending growth. PT Bank Mandiri Indonesia Tbk BMRI.JK, the nation's biggest lender, was raising up to $1.6 billion to support credit growth, according to a term sheet seen by Reuters.

The Indonesian government had initially planned to launch the Garuda IPO in November last year, but later delayed it for 2011.

The company aimed to list on Feb. 11, the term sheet said.

"IPOs of this size and nature will be a key feature of the industrialisation process driving ASEAN growth," said Singapore-based Geoff Howie, a sales and markets strategist at MF Global, referring to the Association of Southeast Asian Nations grouping.

"As the economic modernisation of Indonesia, Malaysia and Thailand continues, their new and existing financial assets will continue to provide investable economics," he added.

Citigroup Inc C.N and UBS AG UBSN.VX are the international book runners for Garuda's offer.


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