Tue, 12 Aug 1997

Antam discusses listing

JAKARTA (JP): PT Aneka Tambang's (Antam) finance director, K.A. Umar Tochfa, said yesterday the state-owned general mining company had not yet decided where to list its shares when it makes its capital market debut later this year.

"The subject of where to list the company's shares is still being discussed by shareholders," Umar Tochfa said in a statement correcting a report about the company's initial public offering (IPO) plan in this newspaper last week.

The Jakarta Post reported that the company would list its shares on local and overseas stock exchanges including Surabaya, Jakarta and London. (aly)