F ACT
BOOK 2009
40
2. Annual Listing Fee a. 0.025 of the nominal value that up to IDR 200 billion, with a minimum fee of IDR 10 million.
b. 0.024 of the nominal value more than IDR 200 billion to IDR 400 billion. c. 0.023 of the nominal value more than IDR 400 billion to IDR 600 billion.
d.
0.022 of the nominal value more than IDR 600 billion with a maximum fee of IDR 150 million.
Listing Fee for ETF
1. Initial listing fee of IDR 25 million. 2. Annual listing fee of IDR 25 million.
STOCK EXCHANGE REPORTING REQUIREMENTS
Listed Companies and ETFs are required to submit routine reports and reports on important events to both BAPEPAM-LK and the IDX. All reports delivered by listed companies to the stock exchange will be immediately published for investors
through announcements on the exchange floor. Investors can obtain this information directly from the IDX or from brokerage companies.
Reporting Requirements for Share Bond Listing Company No.
Required Reporting Deadline for Stock Issuer
Deadline for Bonds Sukuk Issuer
1. PERIODICAL REPORTS
1.1. Financial Reports
Annual Financial Statement
Audited statement by 90 days
Advertised annual financial statement At least in 2 two widely
circulating national newspaper.
Interim financial statement Limited review: 60 days
Quarterly Mid-year
financial statement Unaudited: 30 days and Audited: 90 days
Advertised mid-year financial statement
At least in 1 one widely circulating national newspaper
1.2. Annual Report
Maximum 14 days before General Shareholders’ Meeting.
Maximum 5 months after end of year book for Debt Issuing
Company 1.3.
Other Report
Exploration Report For Mining Company Monthly. At the most, 12 days
into the following month
Exploration Report for Listed Company which has subsidiary in the mining sector
Monthly. At the most, 12 days into the following month
The use of the IPO fund
Every 3 three months, until the entire fund is expensed.
F ACT
BOOK 2009
41
No. Required Reporting
Deadline for Stock Issuer Deadline for Bonds
Sukuk Issuer
Listed Company, which issues
Convertible Bond, Warrant and other converted stocks
Monthly. About the conversion of Convertible Bond, Warrant and
other converted stock into shares
Listed Company warrant, which listed in
the Exchange Monthly. At the most, 12 days
into the following month about warrant holders list
Corporate Action
Maximum at the next exchange day after listed company decides to do corporate action
2. INCIDENTAL REPORTS
Each important event of relevance
As soon as possible, after the occurrence of the events.
Amendment of Articles Association 5 Five days after receipt of amendment
Planned General Meeting of ShareBond
Holders Before advertised.
Change in Corporate Secretary, Public
Accountant and Security Administration Bearau
Within 48 hours after the occurrence of the changes.
3. PUBLIC EXPOSE
Annual Public Expose
At least once a year . Public expose can be held on the same
day as the General Shareholders’ Meeting.
Submission of the annual public expose
plan Maximum 10 ten exchange
days before Public Expose
Submission of the annual public expose materials
Maximum 3 three exchange days before Public Expose
Submission of the Public Expose Reports
to the Exchange Maximum 3 three exchange
days after Public Expose Every reports must be sent in the forms of Printed original copy and Electronic Document pdf-file format.
Reporting Requirements for ETF No.
Required Reporting Deadline
1. Daily Reports, include :
Daily Net Asset Value
Every trading day at 16.30
Daily Portfolio Composition Every trading day at 16.30
F ACT
BOOK 2009
42
No. Required Reporting
Deadline
Number of Traded Unit of Participation
Every trading day at 16.30
Changes of names and numbers of Participant Dealers
Every trading day at 16.30 2.
Monthly Report 5 Five days in the following month
3. Annual Report
Maximum 3 months after end of year book. 4.
Incidental Reports As soon as possible, after the occurrence of
the events.
IDX e-Reporting System
In December 2007, IDX implemented a new system called IDX e-Reporting or IDXNet. The system is an electronic-based reporting system to accommodate monitoring and communication activities between The IDX and the Listed Companies
The purposes of the IDX e-Reporting Monitoring implementation are: 1. Any information submitted to the IDX e-Reporting will be simultaneously published on-line in the IDX Website.
2. As a facility for Listed Companies to keep track of their reporting historical files. 3. As a facility for IDX to monitor the reporting fulfillment of the Listed Companies.
4. As a facility for IDX to submit electronic letters to the Listed Companies.
Suspend
The IDX can suspend shares and bonds of the Listed Company for the following reasons: 1. The Listed Company’s audited financial statements receive a Disclaimer Opinion for 2 two consecutive years or
1 one Adverse Opinion. In this situation, the Listed Company must submit a written explanation to the IDX, detailing the reasons behind the audit opinions.
2. The Listed Company is declared as bankrupt by its creditors, or the Listed Company voluntarily requests a Suspension of Debt Payment.
3. The Listed Company fails to properly disclose important and relevant information, which may have materially significant impacts on share prices and investment decisions.
4. The shares of the Listed Company show the following behaviour: the share price significantly increasing or decreasing, or, the shares indicate an irregular trading patterns.
Sanctions
Sanctions for Share and Bond Issuing Company
1. There are sanctions for any violations of the IDX Regulations. The hierarchy of the sanctions are as follows:
No. Stock
Bonds
1. First written warning;
2. Second written warning;
3. Third written warning;
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BOOK 2009
43
No. Stock
Bonds
4. A fine of IDR 500 million maximum. The fine
must be deposited to the IDX 15 days after the Exchange imposes the sanctions;
A fine of IDR 10 million maximum
5. Temporary suspension of shares trading.
2. For the Listed Company who fails to submit the Financial Reports on time, there are several stages of warning before sanctions:
No. Stock
Bonds
1. First written warning, for the first 30 days
overdue; First written warning, for the first 3 days
overdue; 2.
Second written warning and a IDR 50 million fine, for the second 30 days overdue;
Second written warning, for the 15 days overdue after First written warning;
3. Third written warning and a IDR 150 million
additional fine, for the third 30 days overdue; Third written warning for the 15 days overdue
after Second written warning; 4.
Temporary trading suspension may be imposed after 90 days overdue.
Temporary trading suspension may be imposed after 15 days overdue after Third
written warning.
Sanctions for ETF
1. Written warning to Investement Manager who fails to meet the fee obligation. 2. Temporary trading suspension for mutual fund who fails to submit the reporting requirements.
3. Delisting of ETF
DELISTING
Delisting of Shares Bonds
1. Delisting of a Listed Company’s shares and bonds from the Register of Securities listed on the IDX occur because :
a. An application for delisting shares submitted by the Listed Company concerned voluntary delisting. b. The delisting of shares by the Stock Exchange in line with the IDX regulation.
c. The delisting of Bonds and Sukuk by the Stock Exchange when matured, put or call option exercised, converted into other securities, exchanged for other securities or early repayment.
2. The requirements for voluntary delisting: a. Only for the Listed Companies who have been listed minimum for 5 years. Approved by the General
Meeting of Shareholders. b. If there are minority shareholders which disapprove the plan at the General Meeting of Shareholders, the
Listed Company or the representative must buy the shares from the minority shareholders who disapprove the plan at the minimum of the highest price based on one of these prices: par value, the highest price at
Regular Market for the past 2 years before the date of the General Meeting of Shareholders, or Fair value
F ACT
BOOK 2009
44
based on the independent party valuation registered in BAPEPAM-LK, appointed by the listed company or the buyer and approved by the General Meeting of Shareholders.
c. For Bonds Sukuk, Listed Company must had approval from General Meeting of Bondholder, and accomplish all their obligation to Stock Exchanges.
Delisting of ETF
Deletion of ETF from the Securities listed on the IDX occur because : 1. ETF fails to meet listing requirements
2. Investment Manager of the Mutual Fund fails to meet the reporting requirements. 3. Investment Manager of the Mutual Fund fails to meet fee obligation.
Delisting Procedures Voluntary Delisting
The Listed Company must submit the delisting plan to the IDX before publishing it to the public. The plan should include the reasons underlying the delisting, the shares buyers and the estimated prices for shares’ buyback buyback by Listed
Company whom delisting their shares.
Delisting by the IDX
1. If a Listed Company meets at least one of the delisting criteria, then the hearing will be held. 2. If the IDX decides to delist the Company, then:
i. The IDX notifies the Listed Company to delete the listing of its shares, including the time schedule, on the same exchange day when the decision to delete is made, then copied to BAPEPAM-LK.
ii. The IDX announces the decision to delete a Listed Company’s shares, including the time schedule. Following this decision, an announcement will be made at the start of the first session on the next exchange
day. iii. If necessary, the IDX may suspend the trading of the shares of the Listed Company. The suspension will be
for 5 exchange days since the date of the announcement of the suspension. Then, the shares of the Listed Company may be traded on the IDX in a Negotiated Market for 20 exchange days since the date the
suspension is terminated until prior of delisting date. iv. Delisting is valid effectively on the date of the IDX Decision Letter and will be announced in the trading floor
RELISTING Only for Shares
1. A Listed Company whose shares are previously deleted from the register of Securities listed on the IDX, may submit an application for relisting of its shares at the earliest 6 six months after deletion.
2. Generally, all of the requirements and the procedures for relisting are the same as those for the listing. The application for relisting, will be treated in the same way as an application for listing of new shares.
F ACT
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45
Trimegah Securities Tbk Coal Minning from
Subsidiary Dinamika Usaha Jaya and
Danasakti Securities Tours and travel
Henan Putihrai Paper Production and
Distribution Danatama Makmur
Subsidiaries Integrated Coal Minning
Overseas Securities Hotel
5,800 12-Aug-08 100
17. BYAN Bayan Resources Tbk
21-Dec-04 100
13. PDES Destinasi Tirta Nusantara
Tbk 30-Oct-99
14-Feb-78 215,000,000
200 08-Jul-08
1,360,000,000 260
11-Jul-08 100
1,100 16-Jul-08
100 15. ADRO
Adaro Energy Tbk 28-Jul-04
Shipping Service for Energy and Mineral Products
16. HOME Hotel Mandarine Regency
Tbk 28-Oct-86
300,000,000 110
17-Jul-08 100
958,333,500
Production, printing and trading of non-woven
product 18. TRAM
Trada Maritime Tbk 26-Aug-98
4,000,000,000 125 10-Sep-08
100 Danatama Makmur and HD Capital Tbk
No. Company Name
Established
14. KBRI Kertas Basuki Rachmat Ind.
Tbk
INITIAL PUBLIC OFFERING IPO
CODE
19. SIAP Sekawan Intipratama Tbk
05-Jan-95 240,000,000
150 17-Oct-08
100 Business
Date Offering
Date Listing
Rp Value
Par Offered
Shares Underwriter
Lead Rp
Price
Asia Capitalindo Securities Tbk and
Antaboga Delta Sekuritas Indonesia
11,139,331,000 1. BAEK
Bank Ekonomi Raharja Tbk
15-May-89 270,000,000
1,080 08-Jan-08
100 Dinamika Usahajaya Banking
2. BAPA Bekasi Asri Pemula Tbk
22-Oct-93 150,000,000
150 14-Jan-08
100 Makinta Securities Real Estate Developer
3. TRIL Triwira Insanlestari Tbk
26-Oct-92 300,000,000
400 28-Jan-08
100 Optima Kharya Capital Securities and Danasakti
Securities General Trades, Import
Export, Agent for technical hardware, safety
equipment, automotive appliances, machinery,
hoist crane, Service Maintenance
4. ELSA Elnusa Tbk
25-Jan-69 1,460,000,000
400 06-Feb-08 100 Mandiri Sekuritas
Affiliated Intergrated Oil Gas
Services 5. YPAS
Yanaprima Hastapersada Tbk
14-Dec-95 68,000,000
545 05-Mar-08 100 Investindo Nusantara
Sekuritas, BNI Securities and Panca Global
Securities Tbk Plastics and Packaging
6. BTPN Bank Tabungan Pensiunan
Nasional Tbk 06-Oct-59
267,960,220 2,850 12-Mar-08
100 CIMB-GK Securities Indonesia and BNI
Securities Affiliated Banking
7. KOIN Kokoh Inti Arebama Tbk
06-Jul-01 250,000,000
170 09-Apr-08
100 Makinta Securities Distribution of Building
Materials 8. GZCO
Gozco Plantations Tbk 01-Oct-01
1,500,000,000 225 15-May-08
100 CLSA Indonesia and Semesta Indovest
Plantation 9. TPIA
Tri Polyta Indonesia Tbk 10-Jun-05
728,401,000 2,200 26-May-08
1,000 Truscel Capital Appraisal Shares
Basic Industry and Chemicals
TOTAL 2008 25,697,871,720
10.
11.
12. BSDE
Bumi Serpong Damai Tbk
2,950 11-Jun-08
100 16-Jan-84
1,093,562,000 550
06-Jun-08
INDY Indika Energy Tbk
16-Jan-84 937,284,000
Evergreen Capital and Victoria Sekuritas Tbk
100 CLSA Indonesia, Nusadana Capital
Indonesia affiliated Sinarmas Sekuritas
affiliated Real Estate Developer
Financial Service Danareksa Sekuritas,
Mandiri Sekuritas and Indo Premier Securities
Operation and Investment in Energy Services,
Resources and Infrastructure
100 25-Jun-08
100 VRNA
Verena Oto Finance Tbk 16-Jan-84
460,000,000
F ACT
BOOK 2009
46
No. Company Name
Established
INITIAL PUBLIC OFFERING IPO
CODE Business
Date Offering
Date Listing
Rp Value
Par Offered
Shares Underwriter
Lead Rp
Price
Note: + Warrant Relisting
PT Mandiri Sekuritas and PT Sucorinvest Central
Gani Distribution and Retail
Trading Telecommunication products
450,000,000 225
14-Apr-09 100
2. TRIO Trikomsel Oke Tbk
21-Aug-96 Distribution and Retail
Trading In Form Of Minimarket Franchise
PT Ciptadana Securities and PT Indo Premier
Securities 100
15-Jan-09 1. 15-May-89
AMRT Sumber Alfaria Trijaya Tbk
12-Dec-94 450,000,000
395 343,177,000
3.
1,243,177,000 TOTAL 2009
Financial Institution 110
01-Jun-09 100 PT Panin Sekuritas Tbk
BPFI Batavia Prosperindo
F ACT
BOOK 2009
47
+ Warrant 28-Mar-06
08-Nov-99 25-Aug-08
1,756,533,500 165
3. BASS Bahtera Adimina Samudra Tbk
05-Aug-89
12-Dec-08 27. IATA
Indonesia Air Transport Tbk 10 : 6
173,118,417 186
32,200,025,562 16-Dec-08
18-Dec-08 09-Dec-08
11-Dec-08 26. INPC
Bank Artha Graha Internasional Tbk 24 : 11
2,695,025,224 50
299,147,799,864 10-Dec-08
80 26-Nov-08
28-Nov-08 25. CPRO
Central Proteinaprima Tbk 100 : 77
17,568,196,800 71
1,756,819,680,000 24. AHAP
Asuransi Harta Aman Pratama Tbk 31 : 19
875,326,248,000 21-Nov-08
23. MIRA Mitra Rajasa Tbk
55 : 21 12-May-08
627,000,000 522
327,294,000,000 08-May-08
9. AISA Tiga Pilar Sejahtera Food Tbk
5 : 3 10. DUTI
Duta Pertiwi Tbk 3 : 1
13-Jun-08 17-Jun-08
20,106,667 4,000
80,426,668,000 18-Jun-08
23-Jun-08 462,500,000
1,125 520,312,500,000
11. TCID Mandom Indonesia Tbk
9 : 1
DELISTED COMPANIES
4. TEJA Texmaco Jaya Tbk
28-Nov-70 10-Mar-94
10-Oct-08 360,000,000
2,950 23-Nov-01
1. SUBA
10-Nov-89 03-Nov-08
Suba Indah Tbk 26-Jun-75
09-Dec-91 14-Jan-08
5. LPBN
Rec. Date
RIGHTS OFFERINGS
2. SUDI
Shares Issued Price Rp
Fund Raised Ex Date
No. Code Company Name
Ratio 3,876,575,709
1,250 Bank UOB Buana Tbk
31-Aug-56 28-Jul-00
20-Nov-08 6,586,823,004
1,200 28-Oct-08
6. BBIA 31-Oct-08
Lippo Bank Tbk 11-Mar-48
7. JAKA Jaka Inti Realtindo Tbk
03-Feb-93 02-Aug-00
19-Feb-09 520,000,000
100 30-Jan-07
13. BSWD Bank Swadesi Tbk
10 : 18 558,000,000
250 139,500,000,000
03-Jul-08 07-Jul-08
14. SSIA Surya Semesta Internusa Tbk
25 : 6 09-Jul-08
07-Jul-08 15. BVIC
Bank Victoria International Tbk 200 : 100
227,673,360 675
153,679,518,000 07-Jul-08
16. LCGP Laguna Cipta Griya Tbk.
10 : 10 17. CKRA
Citra Kebun Raya Agri Tbk 3 : 12
Abdi Bangsa Tbk 500 : 117
08-Jul-08 4,045,440,000
250 1,011,360,000,000
08-Jul-08 270,000,000
67,500,000,000 250
10-Jul-08 1,167,498,560
100 116,749,856,000
703,750,000 127
89,376,250,000 08-Jul-08
Closing Price before Delisted Closing Rp
Date Number of
Listed Shares Code
No. Company Name
Delisting Date Listing Date
Date Established
Surya Dumai Industri Tbk 31-Jan-79
24-Jul-96 05-Feb-08
08-Jul-08 10-Jul-08
303,626,000 95
30-Mar-07 3,166,666,667
360 15-Mar-05
10-Jul-08 09-Jul-08
United Tractors Tbk 6 : 1
10-Jul-08 19. ARTI
Ratu Prabu Energi Tbk 1 : 7
1,372,000,000 500
686,000,000,000 25-Sep-08
29-Sep-08 475,268,183
7,500 3,564,511,372,500
27-Aug-08 Ancora Indonesia Resources Tbk
2 : 9 29-Aug-08
21. BMSR Bintang Mitra Semestaraya Tbk
20 : 49 823,200,000
500 411,600,000,000
06-Oct-08 190,000,000
15,200,000,000 832,500,000
170 141,525,000,000
26-Sep-08 25-Nov-08
1,094,157,810 800
22. OKAS 1. HADE
5. TMPI
20. UNTR 18. ABBA
Hortus Danavest Tbk 1 : 3
1,590,000,000 100
159,000,000,000 07-Jan-08
09-Jan-08 2. CKRA
Ciptojaya Kontrindoreksa Tbk 15 : 71
834,960,000 250
208,740,000,000 09-Jan-08
15-Jan-08 3. RODA
Roda Panggon Harapan Tbk 5 : 109
12,883,800,000 100
1,288,380,000,000 09-Jan-08
15-Jan-08 4. BTEL
Bakrie Telecom Tbk 168 : 73
8,626,486,836 350
3,019,270,392,600 25-Feb-08
27-Feb-08 AGIS Tbk
1 : 2 3,624,247,426
200 724,849,485,200
06-Mar-08 11-Mar-08
6. BNBR Bakrie Brothers Tbk
20 : 119 80,236,578,240
500 40,118,289,120,000
27-Mar-08 31-Mar-08
7. LAPD Leyand International Tbk
1 : 114 3,701,574,800
110 407,173,228,000
07-Apr-08 250
300,069,687,500 08-Apr-08
10-Apr-08 8. KARK
Dayaindo Resources International Tbk 2 : 5
TOTAL 2008 146,967,890,026
56,610,753,726,526 964,528,953
100 96,452,895,300
12. SMMA Sinar Mas Multiartha Tbk
10 : 2 8. APEX
Apexindo Pratama Duta Tbk 20-Jun-84
05-Dec-08 10-Dec-08
10-Jul-02 13-Apr-09
2,659,850,000 2,550
27-Jun-08 25-Jun-08
09-Apr-08 1,200,278,750
Bank Danamon Tbk 102 : 67
21-Jan-09
27. LPLI Lippo E-NET Tbk
5 : 8 720,266,340
108 77,788,764,720
03-Apr-09
TOTAL 2009 4,001,942,420
4,015,800,060,720 3,281,676,080
1,200 3,938,011,296,000
01-Apr-09 28. BDMN
F ACT
BOOK 2009
48
AGRICULTURE CROPS
Bisi International Tbk
PLANTATION
Astra Agro Lestari Tbk Bakrie Sumatera Plantation Tbk
Gozco Plantations Tbk PP London Sumatera Tbk
Sampoerna Agro Tbk SMART Tbk
Tunas Baru Lampung Tbk
ANIMAL HUSBANDRY
Cipendawa Tbk Multibreeder Adirama Ind. Tbk
FISHERY
Central Proteinaprima Tbk Dharma Samudera Fishing Ind. Tbk
Inti Agri Resources Tbk
FORESTRY OTHERS
Bumi Teknokultura Unggul Tbk
MINING COAL MINING
Adaro Energy Tbk ATPK Resources Tbk
Bayan Resources Tbk Bumi Resources Tbk
Indo Tambangraya Megah Tbk Perdana Karya Perkasa Tbk.
Petrosea Tbk Resource Alam Indonesia Tbk
Tambang Batubara Bukit Asam Tbk
CRUDE PETROLEUM NATURAL GAS PRODUCTION
Apexindo Pratama Duta Tbk Elnusa Tbk
Energi Mega Persada Tbk Medco Energi Internasional Tbk
Radiant Utama Interinsco Tbk
METAL AND MINERAL MINING
Aneka Tambang Tbk Cita Mineral Investindo Tbk
INCO Tbk Timah Tbk
LAND STONE QUARRYING
Central Korporindo Internasional Tbk Citatah Tbk
Mitra Investindo Tbk
OTHERS BASIC INDUSTRY AND CHEMICALS
CEMENT
Holcim Indonesia Tbk Indocement Tunggal Prakarsa Tbk
Semen Gresik Persero Tbk
CERAMICS, GLASS, PORCELAIN
Arwana Citramulia Tbk Asahimas Flat Glass Tbk
Intikeramik Alamasri Industri Tbk Keramika Indonesia Assosiasi Tbk
194 34
165 4.30
0.54
0.21 1.57
2.38 2.50
1.02 Liabilities
Operating Profit
Total Pad-up
Capital Mill. Sh
Annual EPS
Rp BV
Rp PER
X PBV
X Net
Income Billion Rp
Assets Sales
Equity DER
X
133 314
5.80
416 40
22 8,425
831 709
122 302.67
2.92 1.28
0.33 5
524 2,235
346 228
1,993 496
1,497 1.58
9.81 5,932
425 1,360
1.51 4.61
