Under Nusadana denies capital about USD 25 M


PT Nusadana Asset Management has denied his party authorized under USD 25 billion U.S. dollars. Previously reported Nusadana Investment Managers is one of the capital base is still minimal.

“We submit that the news stating that the authorized capital of PT Nusadana Asset Management under the USD 25 billion is not true,” said Client Services & Marketing Communication PT Valentina Widyastuti Nusadana Asset Management in a rebuttal letter received Kompas.com.

He explained, Per August 2009, the authorized capital of PT Nusadana Asset Management (Company) is Rp 100 billion dollars and paid up capital is USD 25 billion rupiah.

“The increase in authorized capital and paid up capital of the Company have been conducted in accordance with applicable legislation and was approved by the Ministry of Justice and Human Rights on August 7, 2009, and has been listed in the system of legal administration at the date of August 20, 2009. The increase in capital is also has been reported to Bapepam-LK on October 7, 2009, “he said.

Meanwhile, the Capital Market Supervisory Agency and Financial Institution (Bapepam-LK) acknowledges the data on the entire paid up capital as investment manager (MI) listed in the Information Center of the Fund is not fully valid.

“The data does exist that have not been updated,” said Djoko Hendratto, Head of Investment Management Bureau of Bapepam-LK Hendratto Djoko was quoted as saying Kontan. He reasoned, data that have not updated it is still in the process of calculation.

Djoko can not be sure how the MI has been increasing its capital. “For sure, if MI is already have a product RDPT, meaning capital already paid USD 25 billion,” said Djoko.

Therefore, the rules of Bapepam-LK No. IV.C.5 about Investment Fund Limited Collective Investment Contract Investment in MI requires each must have a minimum paid up capital of USD 25 billion if you want to sell products RDPT. This rule itself has been applied since 2008 and then ..

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