IDX summons Jababeka on default risk report

The Indonesia Stock Exchange (IDX) on Tuesday summoned the management of PT Kawasan Industri Jababeka on Tuesday to explain a reported default risk over notes issued by Jababeka International BV, a subsidiary of the company. IDX assessment director I Gede Nyoman Yetna said the meeting between the IDX and the Jababeka management was to seek clarification from the management about the report. Previously, the IDX had suspended Jababeka’s shares to allow the management to explain the situation at the company.

July 12 2019, The Jakarta Post - Read 42 times

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