Indonesian Political, Business & Finance News

< TOLONG TEMPATKAN LATIEF PADA PRIORITAS TERATAS. TRIMS.

| Source: JP

< TOLONG TEMPATKAN LATIEF PADA PRIORITAS TERATAS. TRIMS.

Jaya Group to go public

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Jaya Group
to go public

Twelve firms under the PT Pembangunan Jaya group, a widely
diversified business group jointly owned by the municipal
administration, prominent businessmen and various foundations,
will go public to acquire funds for expansion of their
operations.

One of the 12 firms is PT Taman Impian Jaya Ancol, the company
managing Ancol Dreamland.

Ciputra, the president of the PT Pembangunan Jaya Group, said
yesterday that Governor Surjadi Soedirdja has approved a group
management plan to sell shares of the 12 companies on the stock
exchange before the year 2000.

The 12 firms deal in real estate, construction, manufacturing,
trading and tourism.

Funds from the sales of the 12 firms' shares, which are
estimated to reach Rp 3 trillion, will be used to expand the
group's business activities.

Forty percent of the Jaya Group is owned by the Jakarta city
administration, while the remaining 60 percent is owned by
several prominent businessmen, including Ciputra and Hasjim Ning.
Various foundations also share ownership, including Yayasan BNI
46, Yayasan Bumiputera and Yayasan Marga Jaya.

Ciputra also announced that the Jaya Group has established a
joint-venture company with PT Jaya Marley Indonesia, which is
involved in the development of a cooling tower, to anticipate a
government plan to build geothermal power plants in several
locations in the country.

"This (geothermal power plants) project needs cooling towers,
which, up until now, have been imported from foreign countries,"
Ciputra said. (has)

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STRESS-woman
Women urged to overcome stress

JP/3/Focus-2nd

Women urged
to overcome stress

Jakarta women should learn to anticipate and deal with stress
so their families can develop harmonious and happy lives.

"Life in Jakarta requires good management, psychological
control and sound methods for facing the numerous challenges in
this complex city," Surjadi Soedirdja, chief of the motivation
team for the Jakarta chapter of the government-sponsored PKK
(Family Welfare Education) women's organization, in her
presentation at a seminar here yesterday.

The seminar, entitled The Capabilities of Stress-free Women in
Jakarta, was organized by several agencies, including Kartini
magazine, the Equilibria foundation and the Profession Club.

Surjadi proposed a religious approach to overcoming stress.

"A good relationship in the family and community results from
good communication and a strong religious life," Surjadi was
quoted by Antara as saying.

She also stressed the importance of women developing their own
personalities in all fields through lifelong education.

According to Rini Sunyoto, the chief of the organizing
committee, the one-day seminar, which was attended by dozens of
participants, was intended to widen women's perspective on
stress.(jsk)

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Jakarta --Focus-3rd

Lt. Col. Latief gets new job

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Lt. Col. Latief
gets new job

City Police spokesman Lt. Col. A. Latief Rabar was installed
as head of sub-agency for Documentation and Research of the
Information Service yesterday.

He was installed during a ceremony at National Police
Headquarters and will replace Col. Suyitno.

The ceremony was presided over by Chief of the Information
Service, Brig. Gen. I.K. Ratta.

Suyitno, 54, who by law will enter retirement next year, has
been given a position outside the police force.

During his six and a half years as police spokesman, Latief
saw four city police chiefs come and go.

For the time being, Latief will still keep at his daily duties
as the spokesman for the City Police until the appointment of his
successor.

"As a member of the Armed Forces, I have to be ready to do
whatever jobs given to me," he said. (bsr)

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