MANAGEMENT OF SOE’S ASSETS
Management activities include:
At this moment PPA manage non core assets of PT Pertamina (Persero) (“Pertamina”), including seven Property assets:
The assets management is based on Asset Management Agreement between Pertamina and PPA.
The implementation of the management by PPA includes among others analyzing the subsidiaries, preparing the sales of the subsidiary assets and conducting corporate actions for and behalf of Pertamina. In terms of property assets, the management activities include physical maintenance of the assets, maintenance of documents, appraisal of assets, and assets sales process.