The Indonesia Stock Exchange - Jubi

BEI Urges Companies in Papua to Enter Indonesian Stock Exchange

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The Indonesia Stock Exchange - Jubi
The Indonesia Stock Exchange – Jubi

Jayapura, Jubi – The Indonesia Stock Exchange representative office in Jayapura is now pushing for several major companies operating in Papua to enter the stock market.

“We are pushing for some companies in Papua namely, the Regional Development Bank and then another company that we facilitated so that they can enter in the Indonesia Stock Exchange,” said the head of the Indonesia Stock Exchange representative in Jayapura, Krishna Aditya Payokwa, in Jayapura on Tuesday (12/01/2016).

He further said that by buying companies in Papua the company is listed on the Indonesian stock exchange. It also helps to promote Papua.

“So far none of companies in Papua is listed in the Indonesia Stock Exchange. So there will be benefits if the companies are listed,” he added.

He explained that the function of the Indonesia Stock Exchange is as a facilitator that is specialized in the context of how to direct the public to be able to invest and own shares.

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“Papuans may have a stake and we can together promote Papua,” he said.

He added that the BEI as a facilitator that bridges between the public and the capital market.

“We always provide education and consultation to the communities in Papua so we both could enjoy economic progress in Papua,” he said. (*/Tina)

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