Jakarta, CNBC Indonesia – The Indonesia Stock Exchange (IDX) gave a stern warning to PT Trinitan Metals and Minerals Tbk (PURE), whose shares are listed on the development board because of the potential for delisting.
Trading of Trinitan Metals and Minerals shares was suspended (suspension) on August 1, 2022 regarding Submission of Audited Financial Statements which ended on December 31, 2021.
“As of 1 February 2023 the Company’s shares have been suspended for 6 months and the suspension period will reach 24 months on 1 August 2024,” wrote IDX management, Tuesday (21/2).
Furthermore, referring to the Exchange Rule Number II regarding Delisting, the Exchange may delete the issuer’s shares if they experience conditions, or events, that significantly negatively affect business continuity, either financially or legally, or on the continuity of the status of a listed company. as a public company, and the issuer cannot show adequate indications of recovery.
For parties with an interest in the Company, you can contact Ms. Desfrina Novita Sinaga, by telephone number (021) 8678999 as the Corporate Secretary.
“The Exchange asks the public to pay attention and scrutinize all forms of information submitted by the Company,” he said.
The composition of shareholders as of January 31, 2023 included PT Trinitan Resourcetama with 363.72 million shares or 26.45%, PT Mirae Asset with 142.1 million shares or 10.84%, while the public had 862.3 million shares or 62.71%.
On the company’s website, the majority shareholder is registered in the name of PT Trinitan Resourcetama Indonesia which controls 74.24% of the shares.
This means that PURE is part of the business group or Trinitan Group owned by the Tandiono Family. Not many know the progress of the Tandiono family business, but this family business has spread everywhere.
Ferry Joedianto Robertus Tandiono is one of the important figures in the Trinitan Group. He is the founder of the battery manufacturing company PT Nipress Tbk (NIPS) under the NS brand.
The majority shareholder of NIPS is registered in the name of PT Trinitan International which controls 25.98%. This means that PURE is an affiliated company with Nipress.
Apart from Nipress, PURE is also affiliated with PT Sky Energy Indonesia Tbk (JSKY). Sky Energy is owned by another Trinitan Group company, namely PT Trinitan Global Pasifik with a total ownership of 10.15% and Ferry Tandiono’s subsidiary, Jackson Tandiono, is listed as the main commissioner of this company.
The name Jakson Tandiono is currently listed as the Main Director of NIPS. Jakson is also listed as a PURE shareholder with 0.22% ownership.
(rob/ayh)
