BEI will probably force the issuer's delisting 8?

JAKARTA. In 2012 it turned out to be a critical year for the eight issuers that trade in its shares was suspended suspension alias.Currently there are eight companies who were anxious about being kicked from the Indonesia Stock Exchange (IDX) considering the suspension was for two years in this 2012.


They are Surya Intrindo Makmur (SIMM), Zebra Nusantara (ZBRA), Pelita Sejahtera Abadi (PSAB), Gowa Makassar Tourism Development (GMTD), Entertainment International (SMMT), Phoenix spacecraft Mandiri (WAPO), Catherine Main (RINA), Arpeni Pratama Ocean Line (APOL). As is known in Regulation No. II On the Elimination of Registry (Delisting) and Recording Return (relisting) Shares on the Stock mentioned there are several things that cause the forced-delisting.
First, the issuer has a condition that negatively affect business continuity. Thus, both financially rated companies, the law, as well as a public company can not show indications of recovery.Second, the issuer concerned disuspen shares in the regular market and cash market. Thus, the company's stock is only traded in the marketplace negotiations for at least the last 24 months.
Indeed the cause of each suspension is different. Starting from the surge in stock prices to the absence of significant business activities in the company. As experienced by the SMMT to quinine still disuspen. "They have not provided clarity. And we've continued to write to. Yes up to two years if we could force the delisting," said Director of Corporate Valuation Eddy Sugito in Jakarta.
Actually SMMT suspension caused a significant surge in stock prices after the Group acquired Eagles. However, until now SMMT management has not provided information to authorities about this stock when the company had already said would shift its core business of the restaurant business to other businesses such as mining or plantation.
While companies that disuspen induced menajemennya that affect business continuity is RINA. Until now, RINA is still the object of examination of the Capital Market Supervisory Agency and Financial Institution Supervisory Agency (Bapepam-LK) for alleged misuse of funds from initial public offering (IPO) that was held last July 2009. Amounted to Rp 30.9 billion.
Actually for the SIMM, in November last year is due for a two-year suspension. But unique to this SIMM is also in force has not been delisted. "We'll check again. I do not know," Eddy said in evasion when asked that.
Meanwhile, Head of Bapepam-LK PFM Service Gonthor R Aziz also claimed not to know about the SIMMs that have fallen due in 2011. "I should have anyway. Because it's two years. But we'll coordinate it again with the IDX," he concluded.
List of potential issuers in force delisting
(SIMM) Surya Makmur Intrindo suspension since November 2009(ZBRA) Zebra Nusantara; suspension since November 2010(PSAB) Pelita Prosperity Abadi: Since March 2010(GMTD) Gowa Makassar Tourism Development; suspension since February 2010(SMMT) Entertainment International; suspension since June 2010(WAPO) Independent Forum for the Phoenix; suspension since July 2010(RINA) Katarina Main; suspension since September 2010(APOL) Arpeni Pratama Ocean Line; suspension since December 2010
source: http://investasi.kontan.co.id
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