Freeport Divestment Deal to be Finalized This Week
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Kamis, 1 Januari 1970 07:00 WIB
TEMPO.CO, Jakarta - The finalization of Freeport`s 51 percent share divestment is targeted to be completed this week.
The State-owned Enterprises Ministry`s deputy of Mining, Strategic Industry and Media Fajar Harry Sampurno said as based on the initial agreement with the Finance Minister, the deadline of the signing of sales and purchase agreement (SPA) was at the end of September.
“In the agreement, everything will be completed this week. Ask Inalum for the payment,” he said, Wednesday, September 26. Fajar denied that the SPA completion would be done today.
Last night, September 25, Freeport Indonesia's deputy chief Tony Wenas said that his office was still continuing the discussion with the government. "We're still holding talks and discussions," he said.
Previously on September 3, SOE Minister Rini Soemarno targeted the Freeport's 51 percent share divestment would be final at the end of September this year.
BISNIS.COM