JSX failed to delist Bukaka
Jakarta Stock Exchange (JSX) authority decided to maintain the shares listing of PT Bukaka Teknik Utama Tbk, a company controlled by VP Jusuf Kalla's family, even though the engineering company failed to meet the deadline set to submit a financial report with higher grade than disclaimer by the end of July.
Detik.com quoted JSX director Eddy Sugito saying the exchange will conduct a public hearing to listen Bukaka's plan to improve. JSX argued the decision not to delist Bukaka shares is for the sake of public investors.
Other reasons?
Some readers wrote to me few minutes ago that JSX is afraid of 'pressures' from people above, those in the high places!
Read my previous posts on Bukaka:
1)Bukaka's Problems Worsen (in front page)
2) Last Chance for Bukaka
3) Achmad Kalla: Ramp way for big brother
READ MORE!!!
Detik.com quoted JSX director Eddy Sugito saying the exchange will conduct a public hearing to listen Bukaka's plan to improve. JSX argued the decision not to delist Bukaka shares is for the sake of public investors.
Other reasons?
Some readers wrote to me few minutes ago that JSX is afraid of 'pressures' from people above, those in the high places!
Read my previous posts on Bukaka:
1)Bukaka's Problems Worsen (in front page)
2) Last Chance for Bukaka
3) Achmad Kalla: Ramp way for big brother
Labels: BUKAKA, Jusuf Kalla
READ MORE!!!
posted by yosef at 7:57 PM
3 Comments:
This is come after our not so beloved VP says that our country has come out from the Asian crisis. Interesting... When he got elected along w/ SBY, my mom who's originally from Makassar said JK is not a very good businessman and very arrogant . I wasn't paying attention much to this at the time, cause to be honest I don't really know him that well until he got more expose in the politics.
Well, I guess she's true and I think he's more dumb than I initially thought after listening and reading his comments.
Yes, I'm bashing Jusuf Kalla at the moment for his stupid and insensitive comments especially after becomes the VP.
I won't be suprised if Bukaka will stay listing until 2009 :)
Indonesia..oh ... Indonesia...
The P delegates his role of domestic matter to the VP...
The VP is businessman by nature...
So? The country will be run like a company...a going concern seeking for profit... based on that, any reasonable businessman will "do-whatever-it-takes" to achieve the "company's mission" which is reasonable profit at very competitive costs...
Poverty is still around? Well, that's an "expense" that a "company" should take..
What about his "real company"?... By all means necessary...
Yes, he's a businessman by nature.. the thing is, he's not a good businessman :P The dad was THE businessman, he merely continues what the father left behind. To gain a reasonable profit at "whatever it takes" mindset should not be a mindset taken by any businessman who wish to be a government official (ok, I know...I know..this is a very nice theory... but I still wish it'll come true on some of our gov officials if they come from business world.. I wish.. I wish)
Basically right now, I don't care what he does/says, I'm still bashing him :)
I wonder what I'd do if I were in his position, have you guys ever wonder what you'll do if you're one of the richest person in Indo? Would we do the same as what they have done? Money really do change people.. and we all want money and would do everything to get as many as we can.
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