Capital Market Supervisory Agency and Financial Institution (Bapepam-LK) ultimately revoke the business license third-PT Eurocapital Peregrine Securities, ie, a license as a broker, investment manager and lead underwriter. The decision was contained in the Chairman of Bapepam-LK dated June 10, 2010.
In a decision released Monday (6/14/2010), Chairman of Bapepam-LK Fuad Rahmany explained, taken referee revocation of such capital markets due to a series of violations Eurocapital proven capital market. For example, in running the business as an investment manager, Eurocapital too late to meet redemption requests from PT BNI Life Insurance as a shareholder, mutual fund units Eurocapital Balanced Plus. Eurocapital has also bought shares without the consent of Realty owner of these shares, ie Track Ltd Tower.
In the brokerage business, Eurocapital proven not to make and keep records of transactions and customers with good financial condition. In fact, Eurocapital not save customer’s money separately, of whom the funds belong to National Reinsurance Wahjudi and PT of Indonesia.
