Dongsuh operates here
Dongsuh operates here
JAKARTA (JP): PT Dongsuh Kolibindo Securities, a Korean-
Indonesian joint venture, said that it has been granted a license
by the Capital Market Supervisory Agency (Bapepam) to operate in
Indonesia.
The company is a joint venture between Dongsuh Securities Co.
Ltd., a major Korean securities company established in 1953, and
PT Kobilindo owned by the Enseval Group, which is registered on
the Jakarta Stock Exchange (JSX).
The joint venture said Saturday that with the Bapepam license,
which was obtained on April 17, it is now authorized to provide
financial analysis and guidance to Indonesian companies and
individual investors.
"We believe that the stock market cannot be developed without
active participation of individual investors. Therefore, we will
give priority to the expansion of the domestic investor base,"
the company announced.
The company also said that it has set up an investor gallery
at the Graha Irama Building in Jakarta to help investors with
real time information about stock price movements on the JSX.
The gallery was officially opened last Friday by Bapepam's
Chairman I Putu Gede Ary Suta. (08)