President Director of Garuda Indonesia: IPO GMF Are Not Clear

Indobusiness - President Director of PT Garuda Indonesia confirms plans Satar Garuda Indonesian subsidiary, PT Garuda Maintenance Facility (GMF) AeroAsia not canceled this year. "IPO GMF is not canceled, we again do the assessment, the process of going ahead just a matter of how much value. IPO GMF For more simple, the value already justify our doing," Emirsyah said when met at the Ritz Carlton Kuningan.

Emirsyah is said he is optimistic the IPO will go smoothly GMF article can be seen in the GMF profit reached Rp 110 billion to Rp 2 trillion in revenue. "GMF fortunately Rp 110 mylar profit, revenue Rp 2 trillion. Years is growing at least 20 percent. Maximal 20 percent but has not been done, we think we are not optimum hold on," he explained.

Emirsyah also revealed during the first semester of 2013 Garuda Indonesia will throw Bonds Bounce. "Bounce bond we planned semester 1, the need for development, we have set, we have to report Bapepam first, wearing the number 300 was used. This year there is a rights issue and Bounce," he said.

He added that this year Garuda also requires development fund, for that Garuda plans to throw about 10% of its shares to the market. "Garuda IPO gets 40 percent approval now just 30 percent, do not know, money for our development, this year needs to fund the development, there is the alternative of the bank, there is also bounce right issue or a combination of both," said Emirsyah.