JAKARTA, Sept 27 (Reuters): State mining holding firm Mining Industry Indonesia (MIND ID) is eyeing an initial public offering (IPO) around the end of next year for its bauxite mining business, its chief executive said on Monday.
The State-Owned Enterprises Ministry, as the controlling shareholder, is currently in the process of separating MIND ID and its bauxite business, known as Inalum, into two entities in preparation for the IPO, chief executive Orias Petrus Moeldak said.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
