English Version
| Tuesday, 24 July 2018 |
Indonesia Version

Monday, 23 July 2018 | 22:20
UGM Team Wins Two Categories in Shell Ideas 360 The UGM students created fuel from plastic waste by utilizing
heat from a vehicle’s exhaust pipe in the Shell Ideas 360.
Monday, 23 July 2018 | 21:20
BNI Offers Asian Games Promo, Up to 72 Percent Discount BNI and KiosTix have worked on an Asian Games online digital
ticketing system in the form of the `your all payment` (yap)
Dahlan Iskan: Merpati Must Restructure Debt  
Merpati Nusantara Airlines office at Kemayoran, Jakarta on Monday (02/03). TEMPO/Dasril Roszandi
Thursday, 03 July, 2014 | 05:26 WIB
Dahlan Iskan: Merpati Must Restructure Debt  

TEMPO.CO, Jakarta - The Minister of State-owned Enterprise, Dahlan Iskan, has said that Merpati Nusantara Airlines will not be flying if the company's debt is not converted into stocks. The budget infusion will no longer help the company, he added.

"Restructurization budget of Rp200-400 billion will only help the airlines to fly for a month. Then it will return like this [non operational]," said Minister Dahlan.

Restructurization budget should not be delivered when the company's debt is at its highest. He asked the Commission VI of the House to understand the situation and restructure Merpati's debt in order to keep the government-plate airlines up in the air.

In order to convert the debt into stocks, Merpati needs to convince the creditors to convert the debt into stocks. Moreover, the company should gain permit from the Financial Commission for a restructurization. If the debt is already converted into stocks, Dahlan said that Merpati's balance will be positive due to no debt left.




via Facebookvia TEMPO ID


Disclaimer: The views expressed in the comments sections are personal responses that do not represent the editorial policy of tempo.co. Our editorial staff reserves the right to moderate or take down comments that contain harassment, intimidation and discrimination against ethnicity, religion, race, and inter-group relations.