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PLN BATAM READY FOR IPO THIS YEAR: MINISTER.

ANTARA - The Indonesian National News Agency

| May 30, 2012 | COPYRIGHT 1999 Antara - The Indonesian National News Agency. (Hide copyright information)Copyright

Byline: Editor Antaranews.com

Jakarta, May 30 (ANTARA) - State power company PT Perusahaan Listrik Negara (PLN)'s office in Batam plans to make an initial public offering of its shares this year.

"It is the subsidiary of PLN, namely PLN Batam and not PT PLN Enjiniring, which is the most prepared for IPO," State Enterprises Minister Dahlan Iskan said here on Wednesday.

He said the plan for IPO had secured approval from shareholder, namely the …

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