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May 22, 2015 8:24 PM ET

Commercial Services and Supplies

Company Overview of PT Perkebunan Nusantara VII (Persero)

Company Overview

PT Perkebunan Nusantara VII (Persero) engages in the cultivation and plantation of rubber, oil palm, sugar cane, and tea products. Its products include ribbed smoke sheet, karet remah/scrumb rubber, lateks pekat/thick latex, teh/dry tea, tetes/mollasase, and gula/sugar cane. The company's clientele includes Tontec, Wilson, Asian Argo, and Karya Multi. PT Perkebunan Nusantara VII (Persero) was founded in 1996 and is based in Bandar Lampung, Indonesia.

Jl. Teuku Umar No. 300 Kedaton

Bandar Lampung,  35141

Indonesia

Founded in 1996

Phone:

62 72 170 2233

Fax:

62 72 170 2775

Key Executives for PT Perkebunan Nusantara VII (Persero)

Finance Director and Director
Production Director and Director
Human Resources Director and General Affair Director and Director
Marketing Director and Director
Compensation as of Fiscal Year 2014.

PT Perkebunan Nusantara VII (Persero) Key Developments

Several Entities Seek IPO In 2015

Several Indonesian entities intend to launch an initial public offering (IPO) in 2015. PT Medco Power Indonesia and PT. Tri Wahana Universal intend to launch an IPO for 15%-30% stake by the second quarter of 2015. PT PP Properti and PT Waskita Beton Precast plans to launch IPO in 2015. PT Pelayanan Listrik Nasional BATAM and PT Phapros Tbk. will launch an IPO in the first half of 2015. GMF AeroAsia, PT, PT Harapan Borneo International, PT. Asuransi Jiwasraya (Persero) and PT Perkebunan Nusantara VII (Persero) also plans to launch an IPO, however, the stakes to be sold, price and listing period are not known.

SOE Eyes IPO For 3 State-Owned Enterprises

The Ministry of State-Owned Enterprises (SOEs) is preparing PT Perkebunan Nusantara III, PT Perkebunan Nusantara IV (Persero) and PT Perkebunan Nusantara VII (Persero) for Initial Public Offering (IPO), Deputy Minister of Primary Industries for the SOEs Ministry, Muhammad Zamkhani, said. “Is it going to be just one IPO or three, it hasn’t been decided yet,” he added. Additionally, there are six criteria to be considered by the Ministry before they decide which companies will be proposed.

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Recent Private Companies Transactions

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