Saturday , March 6 2021

The Merpati Relatives government is taken over by the private sector



Harianjogja.com, YAKARTA – The State Enterprises Ministry (BUMN) said it called on strategic investors to take over Merpati Nusantara Airlines through various possible schemes.

Aloysius Kiik Ro, Deputy Minister of BUMN's Restructuring and Business Development, said that the government has long allowed private investors to enter Merpati's body.

"We invite private sectors that are interested in please [mengambil Merpati]. From the two years we actually planned to privatize. With Merpati later entering cash, automatic state property will be diluted, "Aloysius announced when he contacted. Bisnis.com, network Harianjogja.com, Monday (12/11).

However, Aloysius emphasized that the ministry of BUMN is still waiting for the results of the decision of the PKPU on Merpati's fate. The government of PKPU will hear various proposals related to the state of Merpati's operations.

As for the possibility of privatization, Apeps Ekanugraha, Managing Director of Merpati Nusantara Airlines, said he could not disclose how far the government was separating from the arrival of investors who invested in Merpati. "But there are calculations," said Assep.

Aloysius said that strategic partners decided to absorb Merpati, assessing the continued availability of business opportunities from the airline.

Asep said the company has acquired an obligation from Intra Asia Corpora after the company has offered several potential investors in recent months. Investments worth $ 6.4 trillion, Intra Asia Corpora will cost Merpati to support its operational activities.

"In principle, in order to be able to submit a peace proposal to obtain a creditor's approval, it must be in its original state." The baseline is the business plan proposed by the strategic partners who want to enter Merpati, "Assep said.

In the operational plan proposal, Intra Asia Corpora has included aspects such as availability of aircraft, routes, aircraft types and business development plans. However, the company has not been able to specify the work plan.

He hopes that the PKPU study can confirm Merpati's application, namely, asking creditors to ease the restructuring of the company's debt. In the case of the award of the PKPU, Asep plans to fly again from the airline next year after the official flight closure on February 1, 2014.

"The injections can not be separated from efforts to revive Merpati. If it is granted, we will submit an application to the BUMN Ministry, contact the Ministry of Finance and submit the flight to the Ministry of Transport," Asep said.

As you know, Merpati Nusantara Airlines has an obligation of up to 10.72 trillion Rp with assets Rp1.21 trillion. As at 31 December 2017, the Merp Kapital Equity position was recorded minus Rp 9.51 trillion.

Source: Bisnis.com


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