Cempaka Business and Economy: Govt may increase stake in Semen Gresik

"A Summary" – Apr 2, 2011 (Kryon channelled by Lee Carroll) (Subjects: Religion, Shift of Human Consciousness, 2012, Intelligent/Benevolent Design, EU, South America, 5 Currencies, Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Middle East, Internet, Israel, Dictators, Palestine, US, Japan (Quake/Tsunami Disasters , People, Society ...), Nuclear Power Revealed, Hydro Power, Geothermal Power, Moon, Financial Institutes (Recession, Realign integrity values ..) , China, North Korea, Global Unity,..... etc.) - (Text version)

"The Timing of the Great Shift" – Mar 21, 2009 (Kryon channelled by Lee Carroll) - (Text version)

“ … Here is another one. A change in what Human nature will allow for government. "Careful, Kryon, don't talk about politics. You'll get in trouble." I won't get in trouble. I'm going to tell you to watch for leadership that cares about you. "You mean politics is going to change?" It already has. It's beginning. Watch for it. You're going to see a total phase-out of old energy dictatorships eventually. The potential is that you're going to see that before 2013.
They're going to fall over, you know, because the energy of the population will not sustain an old energy leader ..."

"Update on Current Events" – Jul 23, 2011 (Kryon channelled by Lee Carroll) - (Subjects: The Humanization of God, Gaia, Shift of Human Consciousness, 2012, Benevolent Design, Financial Institutes (Recession, System to Change ...), Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Nuclear Power Revealed, Geothermal Power, Hydro Power, Drinking Water from Seawater, No need for Oil as Much, Middle East in Peace, Persia/Iran Uprising, Muhammad, Israel, DNA, Two Dictators to fall soon, Africa, China, (Old) Souls, Species to go, Whales to Humans, Global Unity,..... etc.)

"The Recalibration of Awareness – Apr 20/21, 2012 (Kryon channeled by Lee Carroll) (Subjects: Old Energy, Recalibration Lectures, God / Creator, Religions/Spiritual systems (Catholic Church, Priests/Nun’s, Worship, John Paul Pope, Women in the Church otherwise church will go, Current Pope won’t do it), Middle East, Jews, Governments will change (Internet, Media, Democracies, Dictators, North Korea, Nations voted at once), Integrity (Businesses, Tobacco Companies, Bankers/ Financial Institutes, Pharmaceutical company to collapse), Illuminati (Started in Greece, with Shipping, Financial markets, Stock markets, Pharmaceutical money (fund to build Africa, to develop)), Shift of Human Consciousness, (Old) Souls, Women, Masters to/already come back, Global Unity.... etc.) - (Text version)

“… The Shift in Human Nature

You're starting to see integrity change. Awareness recalibrates integrity, and the Human Being who would sit there and take advantage of another Human Being in an old energy would never do it in a new energy. The reason? It will become intuitive, so this is a shift in Human Nature as well, for in the past you have assumed that people take advantage of people first and integrity comes later. That's just ordinary Human nature.

In the past, Human nature expressed within governments worked like this: If you were stronger than the other one, you simply conquered them. If you were strong, it was an invitation to conquer. If you were weak, it was an invitation to be conquered. No one even thought about it. It was the way of things. The bigger you could have your armies, the better they would do when you sent them out to conquer. That's not how you think today. Did you notice?

Any country that thinks this way today will not survive, for humanity has discovered that the world goes far better by putting things together instead of tearing them apart. The new energy puts the weak and strong together in ways that make sense and that have integrity. Take a look at what happened to some of the businesses in this great land (USA). Up to 30 years ago, when you started realizing some of them didn't have integrity, you eliminated them. What happened to the tobacco companies when you realized they were knowingly addicting your children? Today, they still sell their products to less-aware countries, but that will also change.

What did you do a few years ago when you realized that your bankers were actually selling you homes that they knew you couldn't pay for later? They were walking away, smiling greedily, not thinking about the heartbreak that was to follow when a life's dream would be lost. Dear American, you are in a recession. However, this is like when you prune a tree and cut back the branches. When the tree grows back, you've got control and the branches will grow bigger and stronger than they were before, without the greed factor. Then, if you don't like the way it grows back, you'll prune it again! I tell you this because awareness is now in control of big money. It's right before your eyes, what you're doing. But fear often rules. …”

Monday, December 22, 2008

Govt may increase stake in Semen Gresik

Ika Krismantari, The Jakarta Post, Jakarta | Mon, 12/22/2008 11:06 AM

The government is thinking to increase its share ownership in the country's largest cement maker PT Semen Gresik after the establishment of a holding company to group the shares of several local state-run cement producers, an official says.

Secretary to the State Minister for State Owned Enterprises Said Didu said the government would be able to raise its stake in the company should minority shareholders agree to swap their shares for an equivalent in (waived) tax obligations.

"For state-owned firms, the government options will either be to pay (the taxes) or swap (the taxes) for the stakes. So I believe there will be a jump in the government's share ownership in Semen Gresik," he said.

The forming of a holding company will result in an additional tax for shareholders because there will be a revaluation of the assets of Semen Gresik.

Said, however, refused to specify the amount of shares the government may take as a result.

Currently, the government has a 51 percent stake in Semen Gresik, while 24.9 percent is held by the public and 24.1 percent is held by Blue Valley Holdings -- a subsidiary of the Rajawali Group conglomerate.

Said explained that although the setting up of the holding company was related to state companies, this would not make the participants free from tax obligations that might be accrued as a result (through taxes applied to acquisitions and mergers).

The directorate general of taxation has recently said it will not exempt state owned enterprises from such taxes, except for companies 100 percent owned by the government.

Said suggested minority shareholders could swap their shares with tax obligations because it was likely their shares would be somehow diluted during the incorporation of Semen Gresik into the new holding.

"However, this would still be decided in a shareholders' meeting," he said.

The holding plan requires Semen Gresik, which currently parents Semen Tonasa and Semen Padang, to change its status and becomes a subsidiary on the same level as Tonasa and Padang under the new holding company.

Semen Gresik president director Dwi Soetjipto has estimated the plan would cost the company about Rp 3 trillion (US$276 million) in taxes as a result of asset revaluation.

The government will also form a holding company for state-owned companies engaged in mining, plantations and banking. The holding company for banking is scheduled to be completed in 2010.

At present, there are 139 state companies with assets worth in excess of Rp 1,300 trillion (US$142.8 billion).

State companies, which have become the country's economic backbone, are expected to pay the government Rp 31.5 trillion and Rp 35.0 trillion in dividends for this year and next year, respectively.

Cempaka Business and Economy

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Monday, December 22, 2008

Govt may increase stake in Semen Gresik

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