PRESS DIGEST-Indonesian Newspapers - June 10
Following are some leading stories in the main Indonesian newspapers on June 10.
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JAKARTA POST
- ELNUSA STAKE SALE TO END SOON
An official at the consulting company that is brokering the sale of a 37.67 percent stake in oil and gas company PT Elnusa Tbk (ELSA.JK) said the winning purchaser would be announced by next week at the latest.
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JAKARTA GLOBE
- STATE OFFICIALS ACCUSED OF CAMPAIGNING FOR SBY
Indonesia's PDI-P party has accused some officials at state owned companies of involving themselves in the re-election campaign of President Susilo Bambang Yudhoyono.
- PLN ORDERED TO RESCIND TARIFF HIKE
The Energy Ministry has ordered state electricity company PLN to rescind a planned 300 percent hike in installation fees, said a ministry official.
- - - - BISNIS INDONESIA - TRADA MARITIME EYES BOND ISSUANCE IN 2010
Indonesian shipping firm PT Trada Maritime Tbk (TRAM.JK) plans to issue bonds worth around 1.5 trillion rupiah ($150 million) in 2010 for capital expenditure, said chief financial officer Adrian Sjamsul.
- INDONESIA'S WASKITA PLANS IPO IN 2010
Indonesian state construction firm, PT Waskita Karya, plans an initial public offering (IPO) in the second half of 2010, its director M Choliq said.
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INVESTOR DAILY
- EXELCOM IN 1.5 TRILLION RUPIAH LOAN TALKS WITH BNI
Indonesia's third-largest mobile operator PT Exelcomindo Pratama Tbk (EXCL.JK) is in talks with PT Bank Negara Indonesia Tbk (BBNI.JK) for a 1.5 trillion rupiah loan extension to finance its capital expenditure. ($1 = 10,000 rupiah)
