IDX Warns PT PP for Late Report on Fund Readiness


Jakarta - The Indonesian Stock Exchange gave the first written warning sanction to PT PP for late submission of its fund's readiness report.

Latifah Hanum, the Acting Head of the Service and Development Division of Listed Company IDX, announced it on the information disclosure on Friday (12/2).

The securities that will be paid off are the 2019 Series A sustainable II PTPP phase II securities.

Based on provision IV.2.11. Exchange Regulation No. 1-E. The deadline for reporting guidelines regarding the readiness of funds for settlement of securities is 15 days before maturity.



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