Regent West Sumbawa want 7% stake in Newmont to society

Taliwang, Sumbawa Barat (Reuters)-Regent of West Sumbawa KH Zulkifli Muhadli said, people in the area expect a seven percent stake in PT Newmont Nusa Tenggara (NNT) has given priority to.

"We expect given priority to get seven percent stake and is a tribute to West Sumbawa Regency manufacturer and that as to feel the impact of the presence of the mine industry," he said in Taliwang, earlier this week.

The community's wishes and District West Sumbawa, according to him, not too excessive, because 24 percent stake had previously conquered areas, producing Consortium Regency West Sumbawa, Sumbawa and the province of WEST NUSA TENGGARA

"Because I am on behalf of West Sumbawa community appealed to all parties to the Central Government in order to be granted mainly to West Sumbawa Regency as producer. For me it is not difficult to execute a seven percent stake that we awarded PTNNT opportunity, "said Zulkifli.

According to him, the difficult part is to get a chance to get the float. Many ways that can be done for many people who can and are invited to acquire stake in collaboration.

Previous Regional West Sumbawa Regency W Musyafirin said that the District Government the opportunity to buy seven Sumbawa percent stake after the break with the ruling of the Constitutional Court (MK) on July 31, 2012.

MK in putusannya refuse or are unable to receive central Government recalled the lawsuit must ask for House approval in the purchase of seven per cent stake divestment.

The ruling of the CONSTITUTIONAL COURT in the case of a dispute the authority it back open space for the Central Government and the local NTB to master that last. stock divestment

The deadline for purchasing shares of divestment 2010 it pursuant to the agreement of buying and selling (Sales Purchase Agreement/SPA), signed the agreement of buying and selling (Sales Purchase Agreemen/SPA) by Government investment company (PIP) and foreign shareholders PTNNT on October 25, 2012.

(M025) Editor: Aditia Maruli

COPYRIGHT © 2012

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