Four investors compete against PT Pertamina to acquire 37.15 percent of PT Elnusa Tbk shaes which will be divested by PT Tri Daya Esta.
Pertamina should compete with four other contenders, namely Northstar Pacific, Nippon Oil, Ciptadana Sekuritas, and Petronas [Petrolian Nasional Bhd].
Now, Tri Daya has appointed Bahana Securities and CIMB Securities to help Elnusa divestment. Pertamina has appointed PT Danareksa Sekuritas and PT Mandiri Sekuritas to assist the corporate actions. Danareksa acts as the finance consultant that helps expand Elnusa stocks and Mandiri as finance consultant helps Pertamina become go public company.
Meanwhile, PT Danareksa Sekuritas called for legal consultancy to the Capital Market and Finance Institutions Supervisory Agency (Bapepam-LK) dealing with the acquisition of 37.15 percent Elnusa stocks.
Thursday, May 7, 2009
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