JAKARTA – Three companies are in the danger of being eliminated from Indonesia Stock Exchange (IDX) (delisting) due to their suspended activities in the past 36 months. IDX regulation explicitly states that delisting may take effect on issuers that whose activities have been suspended for at least the last 24 months and who undergo situations that adversely affect their businesses.
In the information disclosure quoted Tuesday (10/5), those issuers in question are PT Jakarta Kyoei Steel Works Tbk (JKSW), PT Eureka Prima Jakarta Tbk (LCGP), and PT Triwira Insanlestari Tbk (TRIL). The suspension period of these companies had reached 36 months last week (2/5) since the first suspension dates in 2019.
As of February 2022, JKSW’s shares amounted to 150 million. PT Devisi Multi Sejahtera controls 30.56% of them, followed by PT Matahari Diptanusa of 28.67%, Thee Ning Khong of 1.33%, and public investors of 39.44%.
Meanwhile, as of October 2021, LCGP’s shares reportedly reached 5,630,000,914 units, 7.07% of which belongs to Yayasan Kesehatan Bank Mandiri. DP Bukit Asam claims 5.55% of them, while Generasi Prima Sakti has 0.81% of them, followed by the public of 87.20%.
Lastly, as of September 2021, TRIL’s shares clocked up to 1.2 billion units. Its shareholders are PT Arthabuana Karya Mandiri of 57.92%, PT Hengtraco Protecsindo of 14.43%, and the public of 27.65%. (LK/ZH)