03 Jun 2022 11:20 (1 tahun 3 bulan lalu) -
JAKARTA – PT Tunas Ridean Tbk (TURI) is planning to go private, stepping down from the Indonesia Stock Exchange (IDX), after holding the Extraordinary General Shareholders Meeting on July 12, 2022. The company sets the budget for this corporate action to a maximum of IDR 713.96 billion. Dewi Yunita, Group Corporate Legal and Corporate Secretary of Tunas Ridean, explained that TURI’s stock is not actively traded, and its liquidity is relatively low as the number of public shareholders in the company is also small. “The number of shares that belongs to public shareholders is less than 7.52% of its entire issued and paid-up capital,” she reason ...