Bali Discovery Tours: Homepage
Bali Hotels, Bali Villas and Bali News from balidiscovery.com
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 balidiscovery.com
Bali Hotels
Bali Villas
Special Deals!
Packages
MICE Handling
Bali Excursions
Culinary - Dining
Guided Tour
Bali Spas
Bali Sports
Diving
Golf
Bali Transportation
Car Rental - Selft Drive
Private Jet Charter
Bali News
Bali Services
Bali Practicalities
Bali Contact
Bali Career
Home
 
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

Tel:
++62 361 286 283

Fax:
++62 361 286 284

U.S.A. Fax:(toll free)
1-800-506-8633

U.K. Fax:
++44-20-7000-1235

Australian Fax:
++61-2-94750419

24h:
++62 812 3819724

Bali Discovery

SITE PATA ASITA
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

(2/17/2012)

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 http://www.balidiscovery.com.

       

 
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
Caught in the Act
Algerian Purse Snatcher Caught by Police in Kuta
(1/21/2017)
Charity on Wheels
Bali Dynasty Resort Dedicates Itself to Disadvantaged Residents Through Support of Solemen Indonesia
(1/21/2017)
Due for an Extended Absence from Bali
Balinese Man Working on International Cruise Ship Facing Long Prison Term for Sex with an Underage Child
(1/20/2017)
Every Flavor is a Story
Ubud Food Festival Explores Indonesia’s Rich Diversity May 12-14, 2017
(1/20/2017)
More Rooms in Jimbaran
AYANA Adds 120 More Rooms at Rimba Resort
(1/20/2017)
The Middle Kingdom is Coming
Chinese Project To Dominate Indonesian Arrivals with 2.453 Mainland Visitors in 2017
(1/20/2017)
Water, Women and Children
8th Denpasar Film Festival September 6-10, 2017
(1/20/2017)
Have you Seen this Couple?
Police from Indonesia and Belgium Seeking Leads on Missing Belgium-German Couple
(1/20/2017)
Tiger Back from Brink
TigerAir Australia to Resume Bali Flight on February 3, 2017
(1/20/2017)
Turbulence Ahead?
Former Garuda Indonesia CEO Named Suspect in Major Corruption Case
(1/20/2017)
Conduct Unbecoming an Officer
Bali Police Officer Sentenced to 13 Years in Prison for Years Long Sexual Molestation of a Minor Child
(1/20/2017)
The Pleasing Bouquet of Lingerie
Man in Ubud, Bali Arrested to Stealing Ladies Underwear ‘Online’
(1/20/2017)
All [News]!