MPPA Submit Additional Information to the Public Wednesday Home

Comprehensive disclosure of information related to the sale of 90.76% stake in PT Matahari Dept Store Tbk (LPPF) owned by PT Matahari Putra Prima Tbk (MPPA), will be published Wednesday (17/3/2010) future.

"We will make an additional disclosure of information. It's not a new disclosure policy. At the latest next Wednesday," said Director of PT Matahari Putra Prima Tbk (MPPA) Danny detikFinance Konjongian when contacted on Sunday (14.3.2010).

He explained, the company will meet the input from the Capital Market Supervisory Agency and Financial Institution (Bapepam-LK), to independent investors (public) which amounted to 43% of the total shares of MPPA, is not harmed.

"If from them, the principle is right. But I must be informed to the public again. We still want as quickly as possible. Before this month's (AGM)," he said.

A business plan is described in corporate meetings with Bapepam-LK Thursday (11/3/2010) ago. However, it has not informed the public in the first disclosure.

"Bapepam said, is still less sedikti. The use of the funds in detail, after the sale actually happens," he explained.

He continued, Bapepam MPPA advised not to be deflated, because the source of their income (LPPF) sold to CVC Capital. With the number of servings of public shares for 43%, of this corporate action made investors a little nervous.

Previously, Bapepam-LK even asked MPPA public shareholders do not approve the sale of original 90.76% stake in LPPF Extraordinary General Meeting of Shareholders. The capital market authority, will continue to provide status warning to shareholders at the AGM took place.

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