VIVAnews - The Indonesian Stock Exchange (IDX) has yet to receive financial reports of securities companies. In line with the stock exchange regulation, securities companies have until March 2009 to summarize its financial performance at the end of 2008.
IDX Director of Fixed Income and Derivative Trading, Membership and Participatory, Guntur Pasaribu, said that today, a number of securities companies are still auditing their financial reports. The auditing will take 30 to 90 days.
"If it is audited, they (securities companies) will have time until late March 2009," he said on Thursday, Jan 15.
The result of the auditing, he went on to say, will be directly publicized after the securities companies announce to the stock exchange authorities. "It may be by early March. The sooner, the better," he said.
Earlier, Guntur said that the net adjusted working capital (MKBD) of the securities companies may rise due to the increasing company portfolio. The growth was triggered by the improving IDX composite stock price index (IHSG).
"IDX is expecting that there will be no securities with under Rp 25 billion of MKBD," he said.
Guntur revealed that the stock authorities and Capital Market and Financial Institution Supervisory Agency (Bapepam-LK) will keep eyeing the performance of securities companies.
Translated by: Bonardo Maulana Wahono
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