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Securities Companies ad Investment Managers - Temporary Suspension of Licensing

The rapid and significant fluctuations in the Net Asset Value (NAV) over the last two years between IDR 114 trillion and IDR 29.35 trillion. This has been a cause for concern for the Capital Market Supervisory Agency - Financial Institutions (Bapepam-LK). In an effort to take the necessary time to evaluate the reasons for these fluctuations and to assess the performance of the sector Bapepam-LK has issued Head of Bapepam-LK DecisionNo. KEP-69/BL/2007.

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