BUSINESS INFORMATION - The government immediately issued a Government Regulation (PP)

BUSINESS INFORMATION - The government immediately issued a Government Regulation (PP) as the basis to become PT Pertamina Open Not Registered Company in exchange (Public Non-Listed Company).
Secretary of the Ministry of BUMN, Said Didu, the state-owned Office, Jakarta, Friday.

According to Said, the PP is the performance management and financial reporting more transparent Pertamina. "Pertamina does not have to sell to the public, but people can check each company's corporate action that," Said demolished.

He did not mention when the regulation is published.

Previous government's target company Pertamina as a non-public listing in early 2009, but because molor must audit the financial statements.

In addition must complete the re-audit the financial reports, audits are also carried out on children's company.

Previous Corporate Secretary Pertamina Toharso explains, company appointed PT Mandiri Securities and Melidarsa as financial advisors.

Other requirements that must be passed by the preparation of the initial balance sheet Toharso is no longer a constraint. "Re-audit financial period 2003-2005 by Ernst & Young has been completed," he said.

Sesmeneg Said Didu add, other than Pertamina, is also possible for a number of state-owned companies into non-public listing.

PT PLN to be one of the state-owned Pertamina can follow. "Principally, the company non-listing based on criteria such assets, sensitivity to the market, serving
public, "he said.