REPUBLIKA.CO.ID, JAKARTA -- Indonesia's Stock Exchange (IDX) plans to auction nine listed companies' shares on February 3, 2014. President Director of IDX, Ito Warsito said that the bidders should first qualified IDX requirements.
"It is regulated in IDX Rules No. III-A about auction and repurchase of exchange member's shares," Warsito said recently.
The bidder must fill a confirmation letter of IDX to follow the auction process until January 24, 2014. The nine listed companies' shares are Patalian Water Securindo, United Asia Securities, Antaboga Deltasekuritas Indonesia and Signature Capital Indonesia.
Next, shares of Sarijaya Permana Sekuritas, Dinar Sekuritas, RBS Asia Securities Indonesia, Bapindo Bumi Sekuritas and Financorpindo Nusa. Member of IDX must obtain a business license from Financial Services Authority (OJK) and IDX. They have rights to use IDX system and its facilities according to regulation in order to conduct exchange transaction.
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