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MNC Group unveils MNC36 index

28 August 2013 09:56 AM  Company: PT. MNC Investama Tbk[BHIT]
Rp. 169  -8 (-4.52%)

JAKARTA - Today, MNC Group in cooperation with PT Bursa Efek Indonesia launched MNC36, a new stock index as an investment tool for investors. 

The official announcement was made by the Group President & CEO PT MNC Investama Tbk, Hary Tanoesoedibjo and the President Director of PT Bursa Efek Indonesia (IDX), Ito Warsito at the Indonesia Stock Exchange Building, Jakarta. 

The MNC36 index consists of 36 carefully selected stocks that are listed on the IDX. MNC36 Index will be calculated using the market capitalization weighted average method. The 36 stocks are selected by a committee reflecting outstanding companies possessing among other things, strong fundamentals and market capitalization.

At the same occasion, the name of PT Bhakti Investama Tbk was officially changed to PT MNC Investama Tbk. The changing of the name was ratified by the General Meeting of Shareholders on 2nd of May 2013 and was approved by the Ministry of Law and Human Rights on the 23rd of August 2013. The stock code remains unchanged as BHIT. 

Group President & CEO PT MNC Investama Tbk, Hary Tanoesoedibjo cited, “The launch of MNC36 Index underlines the realization of MNC Group’s commitment to participate in Indonesia’s dynamic capital market by providing an index that can be used by market participants to gauge stock performance and as a reference in selecting stocks with high growth prospects and strong fundamentals. 

The changing of the name of PT Bhakti Investama Tbk to PT MNC Investama Tbk is expected to enhance the profile of the company and solidify synergies within MNC Group.”

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PT. MNC Investama Tbk [BHIT]   Rp. 169   -8 (-4.52%)