Recently, Indonesian State Secretary Prasetyo Hadi stated that the land and related economic activities of 28 companies whose business licenses have been revoked will be managed by the investment management agency Daya Anagata Nusantara (BPI Danantara). Prasetyo Hadi explained that the management rights of these vacant lands or business assets, left idle due to state revocation, will be transferred to Danantara.
Under the arrangement, the land of 22 of these companies will be managed by PT Perhutani, while the remaining six will be handled by Antam or MIND ID. Prasetyo clarified that this is because the related mining licenses have been transferred to the latter two entities.
Source link