BUSINESS INFORMATION - Indonesia Stock Exchange (BEI) was watching the movement of shares of PT Jembo Cable Company Tbk (JECC) which price increases and recent transaction activity out of the ordinary (unusual market activity / UMA).
Director IDX, Ito Warsito, in his statement said Monday in Jakarta, Indonesia Stock Exchange asked the investors attention Cable Jembo answer the request confirmation from the authority of the stock.
In addition, investors are also asked to examine the company's performance and information disclosure. In addition, the company also asked to review the action plan that has not been approved corporation AGM (general meeting of shareholders).
Jembo Cable is a multinational company that produces wire headquartered in Tangerang, Indonesia. The company was founded in 1983. This company produces various kinds of wire materials.
The Company has listed 151.2 million shares in the Jakarta Stock Exchange (now IDX) since 1992.
Shares Jembo Cable is the second issuers who obtain authority monitoring the stock since the beginning of August 2009. Previously, authorities have also been watching the stock movement of shares of PT Equity Development Investment Tbk (GSMF).
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