Four firms may be delisted
Four firms may be delisted
JAKARTA (JP): The Jakarta Stock Exchange (JSX) has threatened
to delist four companies if they do not submit their audited
December 1999 financial statements to the JSX by the end of this
week.
JSX said in a statement on Tuesday it would make a necessary
evaluation of each company before delisting them.
"We will announce the result of the evaluation within days,"
said Yose Rizal, JSX head of company surveillance.
The four companies under the delisting threat are PT Bintuni
Minaraya, PT Daya Guna Samudra, the now insolvent PT Dharmala
Sakti Sejahtera and PT Super Mitory Utama. (udi)