Executive Summary

Key insights and market outlook

PT ASDP Indonesia Ferry is awaiting further direction from Danantara regarding the planned merger of state-owned enterprises in the maritime sector, including Pelni and Pelindo ¹

². ASDP CEO Heru Widodo stated that the company will follow Danantara's decision, as they haven't received any updates on the merger progress. The potential consolidation involves multiple BUMN entities within the logistics cluster, including PT Pos Indonesia ².

Full Analysis

02

Deep Dive Analysis

ASDP Awaits Danantara's Decision on Maritime BUMN Merger

Background on Planned Consolidation

PT ASDP Indonesia Ferry (Persero) is currently in a state of limbo regarding the proposed merger of state-owned maritime enterprises, which includes other major players like PT Pelayaran Nasional Indonesia (Pelni) and PT Pelabuhan Indonesia (Pelindo) ¹

². The company's CEO, Heru Widodo, emphasized that ASDP will fully comply with any decisions made by Danantara, the state-owned enterprise portfolio manager.

Entities Involved in Potential Merger

The planned consolidation is not limited to maritime transport alone but extends to other BUMN entities within the logistics cluster. According to Heru Widodo, the companies potentially involved include:

PT ASDP Indonesia Ferry
PT Pelni
PT Pelindo
PT Pos Indonesia ²
Source 2
https://finance.detik.com/berita-ekonomi-bisnis/d-8260405/bos-asdp-buka-suara-soal-merger-holding-bumn-di-sektor-maritim

Current Status and Future Directions

The last discussion about the merger took place a long time ago, and since then, there have been no significant updates or developments ²

. Heru Widodo mentioned that ASDP is still waiting for further instructions from Danantara, stating, "We will follow whatever decision is made by Danantara regarding the merger." When asked about the timeline for the merger, Heru suggested that inquiries should be directed to Danantara, indicating that the ball is currently in their court ².

Implications of the Merger

The proposed merger aims to create a more consolidated and potentially more efficient state-owned maritime and logistics sector. However, the lack of updates has created uncertainty about the future of this planned consolidation. The final decision rests with Danantara, which is managing the BUMN portfolio.

References