JAKARTA, Nov. 21 (XInhua) -- Indonesian Vice President Jusuf Kalla said on Wednesday that the Singaporean company Temasek holding must obey the Indonesian laws.

    On Monday Indonesia's Business Competition Supervisory Commission (KPPU) found the company had violated the Indonesia's anti-monopoly laws through its cross-ownership in Indonesia's two biggest mobile phone operators - Telekomunikasi Cellular Inc., (Telkomsel) and Indosat Inc.

    "Whoever wants to have business in Indonesia must comply with Indonesian laws," Kalla said at the Jakarta Convention Center here. "They should not be angry when they got sanction, and then accused that the investment climate in Indonesia was bad," he added.

    The vice president said that the anti-monopoly law was universal, as it was made based on the guidance of the international law.

    "The (Indonesian antimonopoly law) is suggested by the IMF," he said.

    The vice president said that the company may file an appeal.

    "Should it wants to appeal, please go ahead," he said.

    According to the Jakarta Post, Temasek is preparing for appeal to the supervisory commission.

    Temasek, a sovereign wealth fund owned by the Singaporean government, has large stakes in Indonesia's biggest mobile phone companies, Indosat and Telkomsel, but rejected it had a monopoly in the market.

    The commission (KPPU) also fined Temasek and its subsidiaries about 10 million U.S. dollars in total. The penalty was lighter than the 5 billion U.S. dollars Temasek feared it might pay.