JSX Cancels Suspension of Danatama ; 
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     Thursday, 19 April 2007 14:22:29
 StockWatch (Jakarta) - The Jakarta Stock Exchange (JSX) has cancelled 
suspension of brokerage firm since the early trading session today (19/4) for 
the broker has submitted the complete data as required and improved the good 
corporate governance (GCG).

JSX director for investigation, Justitia Tripurwasani, said here today the JSX 
has revoked the suspension after conducting an investigation on Danatama. 

Asked whether the JSX still imposes a trading limit on Danatama despite the 
suspension, Tripurwasani said her party has no idea about it. "You can ask the 
Central Guarantee Agency (KPEI) abot the matter," she said.

However, Danatama booked a thin transaction in the first session at the JSX 
today, even the company was not included in the most active broker. 

Danatama recorded net buying of merely IDR32 billion and net selling of IDR10 
billion on volumes of 34 million shares (buying) and 31 million (selling).

JSX has imposed ban on Danatama Makmur commencing the first trading session on 
Thursday (12/4) for reason that the securities firm has disobeyed the 
principles of GCG. 
 
"As from April 12, 2007, Danatama Makmur has been prohibited from conducting 
transaction activities at the exchange until further announcement," JSX head of 
membership division, Bambang Widodo, said on Thursday in Jakarta. (sup/bud)

       
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