Global Trade Alert
Global Trade Alert

Indonesia: Provided a capital injection of IDR 6.15 trillion to PT Perkebunan Nusantara III

Announcement

12 Nov 2019

In November 2019, Indonesia provided a capital injection of IDR 6.15 trillion (USD 436.62 million) in the form of equity capital participation to PT Perkebunan Nusantara III (PTPN III) to improve the company's capital structure and business capacities.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

13 Nov 2019

Revocation date:

No revocation date

Updated: 12 Nov 2019
Capital injection and equity stakes (including bailouts) In force

On 13 November 2019, Indonesia issued Government Regulation No.79/2019, providing a capital injection of IDR 6.15 trillion (USD 436.62 million) in the form of equity capital participation...

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