Subsidiary of Erajaya (ERAL) Forms Joint Venture to Enter LED Display Business
The provided article content appears to be unrelated financial disclosure material regarding margin trading facilities from IndoPremier, including portfolio limits set by the Indonesia Stock Exchange (BEI) at three times equity (65% obligation ratio) without time restrictions. Margin facility consequences involve forced-selling if the obligation ratio reaches 75%, per IndoPremier’s risk management rules. Requirements align with BAPEPAM-LK Regulation No. V.D.6, Appendix to Decision No. Kep-258/BL/2008 dated 30 June 2008: applicants must have net assets exceeding Rp 1,000,000,000 (one billion rupiah), annual income over Rp 200,000,000 (two hundred million rupiah), open a regular securities account for non-financed transactions, and provide initial mandatory collateral of at least 50% or Rp 200,000,000 (whichever is higher) in cash or shares for the financed securities purchase.