50 IDX Companies Fined Rp150M Each
Jakarta. The Indonesia Stock Exchange has delivered multiple reprimands to 50 members for failing to submit their 2022 financial results before May 30 and finally fined each of them Rp 150 million ($10,000).
“The bourse has handed a third reprimand to 50 companies listed on the main and development boards and fined each of them Rp 150 million,” the IDX said in a recent statement.
It said the deadline to submit the audited financial results for the fiscal year ending on Dec. 31, 2022, is May 30.
It was reported earlier that 62 listed companies were also handed a second reprimand and a fine of Rp 50 million each for failing to submit the results from the first quarter of the year.
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The 50 companies fined by the IDX are as follows:
as a preferred
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