EIB extends suspension 8 Issuer



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Road users pbad the screens of the Composite Price Index (IHSG), Jakarta, Friday (20/7/2018). – JIBI / Nurul Hidayat

Bisnis.com JAKARTA – The Stock Exchange of Indonesia (IDX) has extended the suspension of trading suspended from securities alias suspended to eight listed companies.

Transmitters are PT Tiga Pilar Food Sejahtera Tbk. (AISA), PT Apexindo Pratama Duta Tbk. (APEX), PT Bara Jaya International Tbjk. (APTK), and PT Capitalinic Investment Tbk. (MTFN).

An extension of the suspension is also granted to PT Truba Alam Manunggal Engineering Tbk. (TRUB), PT Zebra Nusantara Tbk. (ZBRA), textile manufacturer PT Sunson Tbk ,. (SSTM), and PT Evergreen Invesco (GREN).

The violations committed by these companies are quite diverse. The majority has not yet submitted financial statements in the first quarter of 2018.

As for some others, it states that it has not paid the fine stipulated by the exchanges.

"According to our monitoring, as of July 29, 2018 some have not filed the financial statements ended March 31, 2018 and have not paid the penalty for delay". BEI Rian Ardhi Redhite, head of the business valuation division I, also suspended the suspension of eight issuers, and capital market authorities also suspended PT Capitol Nusantara Indonesia Tbk. (CANI). The company submitted its financial report for the third quarter of 2017, but did not pay any penalty.

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