VIVAnews - The Korea Exchange (KRX) expected to gain interest from five Indonesian companies to be listed in the stock exchange.
"Korindo Group is interested in listing at the Korea [Exchange], but there is yet a confirmation," said the head of Asia-Pacific/Europe Listing Promotion Korea Exchange Jung Suk Jo at Ritz Carlton in Jakarta, April 21.
He added that the Korea Exchange is interesting for Indonesia's companies because of the high liquidity and demand from the South Korea market players. It gives major opportunity to national companies for having investors in South Korea. One of the conditions for the Indonesian companies to be listed in the Korea Exchange is that the companies need to issue one million stocks.
Other than that, he explained that the Korea Exchange's price to earning ratio (PER) in 2008 reached 13.3 times, lower 4.2 times than in 2007 of 9.1 times. The PER was slight lower than the Singapore Exchange in 2008 that reached 16.5 times, lower 7.4 times in 2007.
"The PER shows our positive resistance to the subprime mortgage crisis," he concluded.
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Translated by: Ariyantri E. Tarman
Biaya Ultah Cucu SYL Minta Di-reimburse Kementan, Pegawai Menolak Terancam Dimutasi
Mantan Kasubag Rumah Tangga Biro Umum dan Pengadaan Kementan, Isnar Widodo turut mengungkapkan ada permintaan reimburse untuk biaya ultah cucu SYL ke Kementan
