PT. Guangshou Co. Ltd

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PT. Guangshou Co. Ltd, a company source akan China took over the management of PT. (Persero), Semen Kupang, which is already not operate again since March 2008 ago due to financial and management crisis.
Assistant Development Setda NTT, Partini Harjokusumo after meeting with the "Managing Director" Guangshou Group, Zhang Hui, in Kupang, on Tuesday.

He said, PT.Guangshou also are willing to settle the debt at Bank Mandiri manufacturer of Rp400 billion, to purchase assets that are sold factory worth more than Rp300 billion.

PT. Guangshou, said Partini, offers three options for the government to go bankrupt mengambilalih factory that is since March 2008. Three options are offered to take over all assets, together with local government to manage and rejuvenate the entire company's assets.

Meanwhile, Bank Mandiri shares of 35.39 percent, he said, is missing after the satisfaction of debt, while the central government still has a 61.48 percent share. Next, after takeovers completed, new re-issue negotiation is done and share the results with the system of government.

He said that, after the bankrupt, the factory is handled in PT Perusahaan Pengelola Aset (PPA). Cement factory several times offered to a number of foreign investors, but stumble on the issue of debt is the factory were too big.

NTT, the government, he also requested that all staff at the factory to be appropriate areas of expertise return, however, the Guangshou, according Partini, akan recruit more workers doubled from the existing workforce of 262 people.

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