Pertamina claims the sale of assets for financial performance Jack

Jakarta, CNN Indonesia – PT Pertamina (Persero) by Pertamina Pertamina letters number 239 / C00000 / 2018-S4 on financial condition Pertamina applied for a license to reduce ownership of badets ( part-down The letter was answered by the Minister of Public Enterprises Rini Soemarno through the letter No. 235 / C00000 / 2018-S4 on the application of the guiding principles of Corporate Action to maintain the PT Pertamina's financial state of health which then circulated in the mbad media.

Pertamina Adyadma Sardjito's vice president of communications reported that the plan for reduction or disposal of the badet is proposed by the company to the government because the shareholder is a business plan to improve the performance of the company's portfolio. in the statutes of Pertamina. "Based on AD / ART, to release badets must be men is a full review and decided at general meeting of shareholders (AGM), "he said in a statement released in Jakarta on Thursday (19/7).

In the letter dated June 29, 2018, Rini approved Pertamina's plan to reduce the ownership of upstream selective badets (including holdings ownership shares and other forms) while maintaining control of Pertamina on strategic badets

In this letter, Rini also allows Pertamina to separate the business unit of RU IV Cilacap and the UK V Balikpapan Business Unit of a subsidiary

Adiatma declares that the letter proposed by Pertamina to the government is still in principle shareholders to review Pertamina strategic plans of action.

"This process is still long, if necessary, it should get the shareholders down, the government,"