Insider Stories - Indonesia Stock Exchange (IDX) expected to see 15 companies to list their shares on the bourse during the first half of 2014. For the entire year 30 companies targeting will listing while there were 31 companies listed in 2013.

Meanwhile State Enterprises Minister Dahlan Iskan said four state-own company (SOE) will offer their shares in this year. The four SOE's are plantation company, PT Perkebunan Nusantara (PTPN) VII, subsidiary of power producers PT Perusahaan Listrik Negara, PT PLN Batam, subsidiary of PT Wijaya Karya (WIKA.IJ), PT Wika Beton, and subsidiary of PT Garuda Indonesia (GIAA.IJ),  PT Garuda Maintenance Facilities (GMF). The other company will ready to go IPO are PTPN V.

Hoesen, Director for Corporate Valuation of IDX, said three companies had secured the Initial Public Company (IPO) approval are PT Link Net, a subsidiary of PT First Media (KBLV.IJ), PT Bank Panin Syariah and PT Asuransi Mitra Maparia.

The other companies, PT Graha Layar Prima - Blitzmegaplex cinema operators, PT Intermedia Capital - holding company of PT Cakrawala Andalas Televisi (ANTV), PT Bali Towerindo Sentra - a telecommunications tower service provider and PT Eka Sari Lorena Transport - an inter-province bus operator are scheduled to present to the bourse and will list later in the first half of 2014.

Hoesen said, Bali Towerindo plans to sell 15 percent of its share and has appointed PT HB OSK Securities Indonesia as the lead underwriter for the IPO. The assets Bali Towerindo up to 500 billion rupiah.

Eka Sari Lorena plans to sell between arround 42.8 percent  or equal with 750 million shares. Meanwhile, Intermedia Capital will sell 10 percent of its shares, as part of its parent company’s scheme to repay debt and has  appointed PT Ciptadana Securities as the lead underwriter for the IPO.