Indonesia Stock Exchange (BEI) will call the management of PT Matahari Putra Prima Tbk (MPPA).
This call in connection with the sale agreement the shares of PT Matahari Department Store Tbk (LPPF) to Meadow Asia, last week. “We’ll call them this week,” said Eddy Sugito, Director of Corporate Finance Valuation Exchange, in Jakarta, Tuesday (26/1/2010).
Besides asking for information related to the use of funds from the sale LPPF, BEI will also extract information about the existence of Meadow. This is a joint venture MPPA and CVC Capital Partners. As an owner of Meadow 80 percent stake, BEI to measure the capability and experience as a player CVC retail industry.
MPPA President Benjamin Mailool calling it considers reasonable. “We will explain to IDX,” he said, yesterday.
