Starting The Bapepam Quasi Reorganization Of Lions?
Supervisory Board of the capital markets and financial institutions (Bapepam-LK) is reported to have rejected the plan quasi reorganization PT Garuda Indonesia Tbk (GIAA). One reason for this, including the Garuda was new melantai issuers on the Exchange.
In addition, according to one of the market participants who know the details of this news, refereed the capital markets is also forced to reject corporate action such as a stock price that is still ' Garuda ' hit the deck, not to return to the initial public offering price of IPO (initial public offering/IPO).
"That's why Bapepam refused to give permission to Garuda, quasi-judicial" were the perpetrators of those markets, Friday (15/12/2011).
Earlier, Garuda was planning to postpone reorganization plan of quasi. The airline was looking to enhance your plate red report Financials with a rake in profits ahead of time.
But reportedly, Bapepam feel insufficient if Garuda just profitable. Performance of shares and the length of time that Exchange issuers melantai entered in the calculation of Bapepam.
Indeed, since the IPO share price Garuda February 2011 at a price of $ 750 per sheet, so far have not managed to return to that position. Garuda also has not been even one year melantai Exchange
In today's trading, the stock was at the level of Rp GIAA 425 per sheet. GIAA stagnant stock tends to his drive
