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PLN Request Delay Dividend Deposit

Jakarta (ANTARA) - PT PLN (Persero) asked the government to delay the deposit of dividends previously planned Rp3 trillion in 2010.

Director of Planning and Technology Nasri Sebayang PLN in Jakarta on Wednesday, said, PLN require considerable investment in 2010.

"Dana Rp3 trillion will be used for investment," he said.

Previously, the government is targeting to capture 50 percent of dividends from 2009 profits reached PLN Rp6 trillion or Rp3 trillion.

Ministry of SOEs target dividend increase from the previous deposit Rp24 trillion to Rp28 trillion in the 2010 Budget changes.

Minister for SOEs Mustafa Abubakar said it would take 50 percent of SOE profits not to expand this year.

Medium, which expands the company explored the country to 35 percent reduction.