Tunas Perdana suspended

Wed, 14 Oct 1998, 00:00 WIB | Source: JP

JAKARTA (JP): The management of the Jakarta Stock Exchange
suspended PT Tunas Perdana Securindo from trading in the exchange
for the company's failure to submit a report on its net adjusted
working capital.

The exchange said on Tuesday that Tunas Perdana could
recommence trading once the report had been submitted.

Securities firms are required to maintain net weighted working
capital at a minimum of Rp 700 million (about US$77,000). (rid)

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