- VIVAnews/ Muhamad Solihin
VIVAnews - PT Garuda Indonesia Tbk announced the plan to seal a partnership deal with PT Trans Airways, an airline owned by Chairul Tanjung. Trans Airways is reported to become a future shareholder of Garuda, currently owned by three underwriters through which last year’s initial public offering/IPO was arranged.
Garuda Indonesia’s Corporate Communications, Ikhsan Rosan, said there is a possibility of an alliance between Garuda Indonesia and Trans Airways in providing consumer services.
“The alliance has been set up by the companies,” he told VIVAnews.
He cited Garuda Indonesia had offered the chance to Malaysia Airlines to carry its passengers. “And it applies both ways. So, the alliance is carried out to cater to high demands,” said Ikhsan.
Ikhsan continued that the alliance will be cleared if the owners of CT Corporation purchase Garuda Indonesia’s shares via Trans Airways.
“However, it will all be determined and discussed later by the Annual General Meeting of Shareholders,” he said.
Three underwrites of Garuda: PT Mandiri Sekuritas, PT Bahana Securities, and PT Danareksa Sekuritas, will release Garuda’s shares with the price of Rp620.
It’s a discounted price of 17.3% from the current IPO price of Rp750 per unit.
The three State-Owned security companies now control 2.4 billion shares or 10.88% of Garuda’s shares with the composition of more than 900 million shares by Bahana and Danareksa, and 400 million shares by Mandiri Sekuritas.
