President Director of PT Telekomunikasi Indonesia, Tbk Rinaldi Fimansyah (third from right) accompanied by the Commissioner of Telkom Tanri Abeng (third from left) and other Telkom officials rang the closing bell at the stock trading New York Stock Exchange, Monday (15/11) evening. On that day, Telkom commemorate 15 years of listing their shares on stock exchanges in the world's largest.
Report J Waskita Utama , from New York, USA
NEW YORK, KOMPAS.com - Right at 16:00 New York time, Monday, October 15, 2010, PT Telekomunikasi Indonesia Tbk commemorate 15 years of their initial public offering to the public on the New York Stock Exchange (NYSE), New York, United States.
Anniversary of the listing of Telkom's share in world's largest stock market is characterized by phonation trading day's closing bell by the Director of PT Telkom Rinaldi Firmansyah.
Rinaldi, accompanied by NYSE Euronext Senior Vice President John R. Merrell, Finance Director Sudiro Asno Telkom, Telkom President Commissioner Tanri Abeng, and a number of echelons of Telkom and Telkomsel, Telkom's subsidiaries engaged in mobile phones. The sound of the bell was greeted by applause in the brokerage trading floor teletak building on Wall Street, the financial center of the United States.
Warning of 15 initial public offering (IPO) is greeted by waving red and white flag in front of historic buildings NYSE, and Telkom logo on the podium floor of the exchanges. "This proud achievement for Telkom. Outside there is the Red Flag flying White, Telkom's name mounted on the podium, as the state-owned enterprises we are proud," Rinaldi said after the ceremony.
According to Rinaldi, able to survive for 15 years in the largest stock market in the world after passing through difficult moments, especially after the implementation of Act Sarbanes-Oxley Act in the United States in 2002, is an achievement to be grateful. It takes time to solve the problem, and it adds to the confidence of investors in Telkom.
Application of the laws that make learning to improve the affairs of Telkom internal controls, auditing, reporting, and implementation of corporate governance. "In the last two or three years we've been through it, and that's what differentiates us from other companies in the country that did not register its shares on the NYSE," said Rinaldi.
Telkom is the only state-owned, and one of only two companies in Indonesia, in addition to PT Indosat, which recorded sales of its shares on the NYSE. According to the Managing Director of Asia Pacific International Listings NYSE Euronext, Marc H Iyeki, in the last two years about 38 percent of Telkom's total trading volume in NYSE stocks. Two percent traded on the London Stock Exchange, and 60 percent in Indonesia Stock Exchange.
Executing task Indonesian consul general in New York, Bambang Antarikso expect that more of the company Indonesia that listed its shares on the NYSE. "Potential investors often ask us about Indonesia. This is an important market, especially Asian markets are very attractive to them," he said.
Tuesday, November 16, 2010 18:58 pm
Author: John Waskita
Editor: Glori K. Wadrianto
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