• USD/IDR14.870
  • SUN92,51 0,63%
  • EMAS609.032 -0,82%

Freeport divestment to wrap up mid-July, says SOEs minister

Senin, 02 Juli 2018 / 16:49 WIB

Freeport divestment to wrap up mid-July, says SOEs minister
ILUSTRASI. Tambang Emas Freeport

KONTAN.CO.ID - JAKARTA. State-owned Enterprises (SOEs) Minister Rini Soemarno hinted on Saturday that state mining holding company Inalum's purchase of shares in gold and copper miner PT Freeport Indonesia (PTFI) was expected to be completed by mid-July.

The purchase is expected to wrap up Freeport's required divestment of 51 percent of its shares to Indonesian entities.

In a video released on metrotvnews.com, Energy and Mineral Resources Minister Ignasius Jonan said in Washington on June 28 that the discussion between the government and Freeport McMoran, PTFI's parent company, went beyond the value of the required divestment.

"The upcoming agreement deals with investment programs, operation programs such as a dividend policy through 2041,” Jonan said, adding that the details on these issues were discussed to avoid instability at Inalum and Freeport McMoran during the divestment process.

Meanwhile, Jonan said, the agreement on investment commitment was expected to maintain business stability, particularly during the government's policy change.

"For example, an agreement on tax and royalty is needed to anticipate changes in the issuance of new regulations," he said.

Sumber : The Jakarta Post
Editor: Barratut Taqiyyah Rafie


Seleksi CPNS 2018
Hubungi Kami
Redaksi : Gedung KONTAN,
Jalan Kebayoran Lama No. 1119 Jakarta 12210.
021 5357636/5328134
Iklan : Gedung KOMPAS GRAMEDIA Unit 2
Lt 2 Jl. Palmerah selatan 22-28
Jakarta Selatan 10740.
021 53679909/5483008 ext 7304,7306
2018 © Kontan.co.id All rights reserved
Sitemap | Profile | Term of Use | Pedoman Pemberitaan Media Siber | Privacy Policy

diagnostic_api_kiri = 0.0232 || diagnostic_api_kanan = 0.1149 || diagnostic_web = 1.1409

Close [X]