Read the passage carefully and give your attention to the bold words
State Minister for State Enterprises Mustafa Abubakar has said that public communications were conducted poorly during PT Krakatau steel’s recent initial public offering.
“We do realize that there was a lack of public communication about the IPO of Krakatau Steel (KS). We will learn from this and use this experience constructively for the next IPO,” he said Friday as quoted by Kompas.com.
He said he denied accusations that the government was “selling off” the state enterprise, saying that the lion's share of Krakatau Steel still belonged to the government, and that only a minority 20 percent had gone public.
Mustafa insisted the initial listing price of the stock of Rp 850 per share was in line with the company’s market valuation.
Here the meaning of the bold ward
conducted =
–noun
1. personal behavior; way of acting; bearing or deportment.
2. direction or management; execution: the conduct of a business.
3. the act of conducting; guidance; escort: The curator's conduct through the museum was informative.
4. Obsolete . a guide; an escort.
–verb (used with object)
5. to behave or manage (oneself): He conducted himself well.
6. to direct in action or course; manage; carry on: to conduct a meeting; to conduct a test.
7. to direct (an orchestra, chorus, etc.) as leader.
8. to lead or guide; escort: to conduct a tour.
9. to serve as a channel or medium for (heat, electricity, sound, etc.): Copper conducts electricity.
–verb (used without object)
10. to lead.
11. to act as conductor, esp. of a musical group.
realize =
- verb (used with object)
1. to grasp or understand clearly.
2. to make real; give reality to (a hope, fear, plan, etc.).
3. to bring vividly to the mind.
4. to convert into cash or money: to realize securities.
5. to obtain as a profit or income for oneself by trade, labor, or investment.
6. to bring as proceeds, as from a sale: The goods realized $1000.
7. Music . to sight-read on a keyboard instrument or write out in notation the full harmony and ornamentation indicated by (a figured bass).
8. Linguistics . to serve as an instance, representation, or embodiment of (an abstract linguistic element or category): In “Jack tripped,” the subject is realized by “Jack,” the predicate by “tripped,” and the past tense by “-ed.”
–verb (used without object)
9. to convert property or goods into cash or money.
initial public offering =
- The first sale of stock by a private company to the public. IPOs are often issued by smaller, younger companies seeking capital to expand, but can also be done by large privately-owned companies looking to become publicly traded.
- In an IPO, the issuer obtains the assistance of an underwriting firm, which helps it determine what type of security to issue (common or preferred), best offering price and time to bring it to market.
constructively =
- adjective
1. constructing or tending to construct; helping to improve; promoting further development or advancement ( opposed to destructive): constructive criticism.
2. of, pertaining to, or of the nature of construction; structural.
3. deduced by inference or interpretation; inferential: constructive permission.
4. Law . denoting an act or condition not directly expressed but inferred from other acts or conditions.
quoted =
– verb (used with object)
1. to repeat (a passage, phrase, etc.) from a book, speech, or the like, as by way of authority, illustration, etc.
2. to repeat words from (a book, author, etc.).
3. to use a brief excerpt from: The composer quotes Beethoven's Fifth in his latest work.
4. to cite, offer, or bring forward as evidence or support.
5. to enclose (words) within quotation marks.
6. Commerce . a. to state (a price). b. to state the current price of.
– verb (used without object)
7. to make a quotation or quotations, as from a book or author.
8. (used by a speaker to indicate the beginning of a quotation.)
– noun
9. a quotation.
10. quotation mark.
— Idiom
11. quote unquote, so called; so to speak; as it were: If you're a liberal, quote unquote, they're suspicious of you.
accusations =
– noun
1. a charge of wrongdoing; imputation of guilt or blame.
2. the specific offense charged: The accusation is murder.
3. the act of accusing or state of being accused.
selling off =
– verb (used with object)
1. to transfer (goods) to or render (services) for another in exchange for money; dispose of to a purchaser for a price: He sold the car to me for $1000.
2. to deal in; keep or offer for sale: He sells insurance. This store sells my favorite brand.
3. to make a sale or offer for sale to: He'll sell me the car for $1000.
4. to persuade or induce (someone) to buy something: The salesman sold me on a more expensive model than I wanted.
5. to persuade or induce someone to buy (something): The clerk really sold the shoes to me by flattery.
6. to make sales of: The hot record sold a million copies this month.
7. to cause to be accepted, esp. generally or widely: to sell an idea to the public.
8. to cause or persuade to accept; convince: to sell the voters on a candidate.
9. to accept a price for or make a profit of (something not a proper object for such action): to sell one's soul for political power.
10. to force or exact a price for: The defenders of the fort sold their lives dearly.
11. Informal . to cheat, betray, or hoax.
– verb (used without object)
12. to engage in selling something.
13. to be on sale.
14. to offer something for sale: I like this house—will they sell?
15. to be employed to persuade or induce others to buy, as a salesperson or a clerk in a store: One sister is a cashier and the other sells.
16. to have a specific price; be offered for sale at the price indicated (fol. by at or for ): Eggs used to sell at sixty cents a dozen. This shirt sells for thirty dollars.
17. to be in demand by buyers: On a rainy day, umbrellas really sell.
18. to win acceptance, approval, or adoption: Here's an idea that'll sell.
19. sell (someone) a bill of goods. bill of goods ( def. 3 ) .
– noun
20. an act or method of selling.
21. Stock Exchange . a security to be sold.
22. Informal . a cheat; hoax.
— Verb phrases
23. sell off, to sell, esp. at reduced prices, in order to get rid of: The city is selling off a large number of small lots at public auction.
24. sell out, a. to dispose of entirely by selling. b. to betray (an associate, one's country, a cause, etc.); turn traitor: He committed suicide rather than sell out to the enemy.
25. sell up, British . to sell out: She was forced to sell up her entire stock of crystal.
— Idiom
26. sell short. short ( def. 50 ) . Use selling off in a Sentence See images of selling off Search selling off on the Web
– noun
1. Stock Exchange . a sudden and marked decline in stock or bond prices resulting from widespread selling.
2. an act or instance of liquidating assets or subsidiaries, as by divestiture.
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