"Next year (2012) there must be minimally three companies that will go public," he said at his office.
He said it was not impossible that subsidiaries of state-owned companies would also do it in addition to the three companies.
Dahlan declined to tell the names of the three companies that would conduct an initial public offering next year but he hinted that one of them is a cement producer.
He said state-owned companies' subsidiaries that are ready and potential to go public would be given a priority.
He said the state-owned companies would use the financial statement of the end of December 2011 for the IPO and therefore it would only be realized by the end of the first semester at the soonest.
The state enterprises ministry earlier recorded that three companies have been ready to go public namely PT Semen Baturaja, PT Waskita Karya and PTPN III while the subsidiaries that have been ready are PT Krakatau Wajatama and PT Pertamina Hulu Energi.(**)
Editor : Nyoman Budhiana
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