Govt. to Privatize Pertamina in 2012: Minister
The JSX has two categories of stocks:
1. Those that any investor from any country can purchase
2. Those that only Indonesian investor's can purchase
I wonder if they'll put Pertamina in cat. 1. If that's the case and "foreigners" gain a controlling stake, then it could end up being an improvement, but I really doubt those parochial NKRI nationalists would even consider such a thing. Improvement?? Allah forbid!
1. Those that any investor from any country can purchase
2. Those that only Indonesian investor's can purchase
I wonder if they'll put Pertamina in cat. 1. If that's the case and "foreigners" gain a controlling stake, then it could end up being an improvement, but I really doubt those parochial NKRI nationalists would even consider such a thing. Improvement?? Allah forbid!