PT Pos Indonesia Ready IPO Logistics 2013

PT Pos Indonesia Logistics, a subsidiary of Pos Indonesia, optimistic will launch an initial public offering or IPO in 2013 because its performance is judged to have had the readiness to be released to the public during this period.
"Of the six existing subsidiary, only PT Pos Indonesia Logistics is ready for an IPO in 2013," said Director of Retail and Property PT Pos Indonesia Setyo Riyanto, the "Business Gathering Through New Business Models" PT Pos Indonesia, in Jakarta, Tuesday ( 10/4/2012) night.
For readiness to IPO next year, he said, Pos Indonesia appoint one consultant, the Ernst and Young, to conduct further studies. "Now we can not memublikasi too much, whether the Postal Logistics Indonesia IPO will be open or closed, as was done in-depth review," he said.
However, Setyo target, in mid-June 2012 IPO of existing models of clarity, how an appeal to the market and the decision was always based on the results of the study consultants. "We have to figure out how to market perceptions of the company though that sells shares to the front instead of holding it, but the subsidiary," he said.
However, he added, it did not want any step in implementing the IPO, especially the price of shares to be offered. Moreover, Post Logistics Indonesia is a company established in 2011. "To that end, our consultants are very important function and they also will learn the underwriter for the IPO to come," said Setyo.
He argues, opportunities Logistics Pos Indonesia to IPO next year is also supported by contribution income is recorded donation of Rp 1 trillion of the total income of Pos Indonesia in 2011 valued at Rp 3 trillion. "This year, we expect revenue Pos Indonesia could increase to Rp 4 trillion," he said.
Related to the use of IPO funds, he added, planned to be allocated to build the infrastructure and superstructure in all its branches in the country. "The reason we are not aiming for an IPO cover losses. However, the funds can be used for more important needs, such as the procurement of aircraft to improve performance in the future," he said.