Bali Discovery Tours: Homepage
Bali Hotels, Bali Villas and Bali News from
Home Bali Contact Bali Practicalities Bali News Bali Services Bali Transportation Bali Sports Bali Excursions Bali Villas Bali Hotels
Home · News · Business a Private Affair in Bali
Bali Hotels, Bali Villas and Bali News from
Bali Hotels
Bali Villas
Special Deals!
MICE Handling
Bali Excursions
Culinary - Dining
Guided Tour
Bali Spas
Bali Sports
Bali Transportation
Car Rental - Selft Drive
Private Jet Charter
Bali News
Bali Services
Bali Practicalities
Bali Contact
Bali Career
Bali Update
Subscribe to our free weekly newsletter!
PATA header
PATA Gold Award 2007
Bali Update
PATA Gold Award Winner 2007
Bali Contact
Bali Discovery Tours
Komplek Pertokoan
Sanur Raya No. 27
Jl. By Pass Ngurah Rai,
Sanur, Bali, Indonesia

++62 361 286 283

++62 361 286 284

U.S.A. Fax:(toll free)

U.K. Fax:

Australian Fax:

++62 812 3819724

Bali Discovery

Bali News

Business a Private Affair in Bali

Most Bali Companies Reluctant to Take Their Companies Public

Bali News: Bali, Indonesia, IPO, Initial Public Offering, capital markets, Capital Market, I Gusti Agung Alit Nityaryana, taxation
Click Image to Enlarge


Bisnis Bali offers the analysis that while there is a relatively large potential for companies in Bali to go public, most companies in such a positions are reluctant to take the step towards launch an Initial Public Offering (IPO).

Based on available data, only one company in Bali has made an IPO – Bukit Uluwatu Villa. That company, working in the areas of villa development and property, has achieved some success in the share market as evidenced by a climb in their traded share price over a relatively short period of time and the billions of rupiahs the IPO has earned that company for business expansion efforts.

The Chief of information for the Capital Market in Bali, I Gusti Agung Alit Nityaryana, says the courage of companies in Bali to go public remains limited. Most Balinese companies still rely on bank credit to finance business expansion, even though the cost of borrowed money is far more costly than seeking capital from the share market.

There are also tax advantages to be obtained by companies that go public. The tax law of 2008 grants lower tax rates to companies that offer at least 40% of their equity to the public. Nityaryana added, “there are still many other advantages to be had by going public.”

Alit insisted that it is not difficult for companies to go public. The main requirement is that companies must be prepared to be transparent and undertake good corporate governance. He said a major obstacle to Bali companies making public share offerings is that the candidate companies are family-owned and unprepared to be open about all aspects of their business.

“We are in the process of seeking out companies in a position to go public,” Alit added.

© Bali Discovery Tours. Articles may be quoted and reproduced if attributed to


Bali News by Bali Update
Subscribe to the Bali Update
Receive the latest news from Bali by email!

Our [Privacy Statement] explains how we handle the data you are providing.

Bali News by Bali Update
Explore the Archive of the Bali Update
Find related articles in our news archive!

or try to use Google Search :

Home · Bali Hotels · Bali Villas · Bali Excursions · Bali Sports · Bali News · Site Map · RSS

Bali News: More News
Trip the Light Fantastic
Tango in Paradise – Masters of Dance to Perform in Bali Saturday, November 26, 2016
RIP: Sri Pitono: 1964-2016
Veteran Bali Travel Industry Member Sri Pitono Dies at Age 52
A Fatal Fall
English Hiker Falls to His Death on Mount Abang in Bali
Fatally Flawed Connection
Nine Dead and Many Injured as Pedestrian Bridge Collapses Connecting Nusa Lembongan and Nusa Ceningan
Bali’s Better on a Bicycle
Bali is the venue for a Cross Country Cycling event scheduled for Saturday, November 19, 2016
Forgive, But Never Forget
Governor Pastika Calls for Forgiveness at 14th Anniversary of 2002 Bali Bombing
When a Lake Becomes a Trash Bin
People of the Ancient Village of Terunyan at Lake Batur in Bali Discard Garbage in the Lake as Garbage No Longer Collected by Local Authorities
Bridges are Falling
Bridge Collapse in West Bali Isolates Communities and Businesses in Tabanan
Be of Good Cheer!
Rotary Club Bali Ubud Sunset Christmas Buffet Fundraiser on Sunday, December 4, 2016
Baksheesh Relief?
Special Team Formed to Battle Illegal Kickbacks Paid to Bali Police
Aborted Landing
Bali Airport Closes for 1.5 Hours to Make Emergency Runway Repairs
Charity as a Stretch
Westin Resort Nusa Dua, Bali hosts Family Yoga Session on the Beach for UNICEF on Sunday, November 27, 2016.
All [News]!