JSX delists 4 companies

JAKARTA (JP): The Jakarta Stock Exchange (JSX) delisted four companies on Friday after they failed to disclose their 1999 financial statement to the public by the extended deadline of July 24.

The four companies being delisted are PT Super Mitory Utama, PT Dharmala Sakti Sejahtera, PT Daya Guna Samudra and PT Bintuni Minaraya.

The JSX said it had given numerous warnings before imposing the delisting measure on the four companies. "From early May to July 24 JSX sent eight warning letters and gave Rp 10 million fines to each of the four companies," JSX said.(udi)