REPUBLIKA.CO.ID, JAKARTA -- Ministry of State-Owned Enterprises (SOEs) stated two foreign companies interested in becoming strategic investor of PT Merpati Nusantara Airlines, to revive the airline company which has been stopped since 1st February 2014.

"Two potential investors are ready to go to Merpati. Both are foreign airlines," said Deputy Head of Business Restructuring of Ministry of SOEs, Aloysius K Rio, in Jakarta, Wednesday (18/11).

According to Aloysius, the release of Merpati's shares was part of the privatization program that was being proposed to Committee on Privatization chaired by Ministry of Finance, Darmin Nasution.

"The two companies may be joined by financial services firms such as private equity capital," he added.

The privatization program would be completed in three schemes, namely removing the ownership of shares to the public (IPO), issuing new shares, and selling shares directly through the exit strategy.

"Merpati privatization is already ongoing. I also ask for referrals from SOE Minister Rini Soemarno as the proxy of shareholders," said Aloysius.

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