JAKARTA - Head of Research & Chief Economist at PT Mirae Asset\nSekuritas Indonesia, Rully Arya Wisnubroto, believes that the presence\nof the Daya Anagata Nusantara Investment Management Agency (BPI\nDanantara) as one of the shareholders of PT Bursa Efek Indonesia (BEI)\nthrough the bourse\u2019s demutualisation could be a positive signal.<\/p>\n
Rully observed that Danantara is staffed by competent and\nprofessional individuals in their respective fields.<\/p>\n
\u201cDemutualisation will likely place it under Danantara. We actually\nhope\u2026 if I look at Danantara, we should be optimistic. Because it is\nfilled with professional people,\u201d Rully told the media in Jakarta on\nTuesday (18\/8).<\/p>\n
Furthermore, Rully hopes that Danantara will encourage initial public\nofferings (IPOs) of state-owned enterprises (BUMN) and their\nsubsidiaries.<\/p>\n
\u201cHopefully it will encourage more IPOs. The IPOs selected should also\nbe good ones. I think the composition of Danantara\u2019s management is all\nprofessional people,\u201d he explained.<\/p>\n
When asked about the potential for BUMN IPOs, Rully emphasised that\nit is Danantara\u2019s task to select BUMNs with strong performance to list\non the exchange. \u201cThis is Danantara\u2019s task,\u201d he asserted.<\/p>\n
Rully indicated that the delay in publishing the financial report was\ndue to waiting for the completion of financial reporting from companies\nunder Danantara\u2019s umbrella.<\/p>\n
\u201cI asked their side, they want all financial reports to be published\nfirst, then they (Danantara) can issue theirs. Because 1,000 (companies)\nis certainly challenging. So, hopefully if it is streamlined, it should\nbe faster,\u201d Rully explained.<\/p>\n
Overall, Rully also assessed that Danantara\u2019s investment realisation\nhas been quite good, including leasing and other areas.<\/p>\n
\u201cSo, they are actually more of an investment company, not only\ndomestically but also abroad. The important thing is to provide the\nhighest return,\u201d he said.<\/p>\n
Previously, President Prabowo Subianto proposed streamlining BUMNs to\naround 300-400 companies, down from 1,074 companies. This move is\nclaimed to save operational and overhead costs of around Rp50\ntrillion.<\/p>\n
\u201c\u2026 today we have closed 290 BUMNs. By 31 December 2026, we target to\nhave at most 300 BUMNs, more than 750 BUMNs will be closed. Only the\nproductive ones, only those that create added value for the people will\nbe retained. This may be the largest corporate restructuring in the\nworld,\u201d Prabowo said at the first plenary session of the Indonesian\nHouse of Representatives for the 2026-2027 session year and the\nsubmission of the 2027 State Budget Bill in Jakarta on Friday\n(14\/8).<\/p>\n
Separately, Chief Executive of Capital Market, Derivative Finance and\nCarbon Exchange Supervision at OJK, Hasan Fawzi, stated that Danantara\nIndonesia, as a party interested in investing in BEI during the bourse\u2019s\ndemutualisation, has a separate obligation regarding financial\nreporting.<\/p>\n
\u201cThat is a separate matter. Of course, efforts to fulfil Danantara\u2019s\nfinancial reporting obligations are something different. However, as a\nparty expressing investment interest, approval will certainly be sought\nthrough the General Meeting of Shareholders at the Indonesia Stock\nExchange,\u201d Hasan explained to the media in Jakarta on Tuesday\n(30\/6).<\/p>\n
\u201cMeanwhile, Danantara Indonesia\u2019s 2025 Consolidated Financial Report\nis still in the process of completion according to the applicable audit\nstages and will be submitted after the entire audit process is completed\nin accordance with statutory regulations,\u201d asserted Managing Director of\nStakeholders Management and Communications at Danantara Indonesia, Rohan\nHafas, in Jakarta on Thursday (2\/7).<\/p>\n
Currently, the demutualisation process is being finalised in the near\nterm. Once completed, Danantara Indonesia, through its subsidiary PT\nDanantara Investment Management (DIM), will become a potential\ninvestor.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/mirae-asset-sees-demutualisation-of-idx-as-positive-signal-1787136630", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }