JSX set the deadline for Bukaka's delisting
Jakarta Stock Exchange (JSX) threatens to delist the shares of engineering company owned by Vice President Jusuf Kalla's family PT Bukaka Teknik Utama Tbk if the company failed to come up with unqualified opinion on its latest audited financial report.
In a letter to Bukaka management today, JSX stated that Bukaka is given another chance till the end of July 2006 to submit an unqualified financial report to keep the shares traded at the exchange.
Auditors gave disclaimer to Bukaka's financial report for six consecutive years since 2000, despite more new projects won in the last few years, mainly due to uncertainty over its debt restructuring.
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In a letter to Bukaka management today, JSX stated that Bukaka is given another chance till the end of July 2006 to submit an unqualified financial report to keep the shares traded at the exchange.
Auditors gave disclaimer to Bukaka's financial report for six consecutive years since 2000, despite more new projects won in the last few years, mainly due to uncertainty over its debt restructuring.
Labels: BUKAKA
READ MORE!!!
posted by yosef at 12:03 AM
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