OJK Certifies Totalindo Eka Persada Shares as Sharia Securities

June 9, 2017
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Jakarta, June 9, 2017: The Financial Services Authority (OJK) has issued an OJK's Board of Commissioners Decision in relation to certification of Sharia Securities. The Decision, No. KEP-24/D.04/2017, concerns Certification of PT Totalindo Eka Persada Tbk Shares as Sharia Securities.

As a result of the Decision, the securities were entered into the Sharia Securities List pursuant to OJK's Board of Commissioners Decision No. KEP-56/D.04/2016 dated November 24, 2016, on the Sharia Securities List.

The decision was issued following results of OJK's review on the Registration Statement submitted by PT Totalindo Eka Persada Tbk, to ensure that the Statement had satisfied the Sharia securities criteria.

During the review, the OJK scrutinized a range of data, including the issuer's Registration Statement and other supporting data, which comprises the written one from the issuer and that from other reliable parties.

The OJK carries out regular review on the Sharia Securities List based on issuers' or public companies' mid-year and annual financial statements.

The review on the Sharia Securities List is also conducted when an issuer's or a public company's registration statement has become effective and satisfied the Sharia securities criteria, or when an issuer or a public company takes corporate actions, or has information or facts that make it satisfy or not satisfy such criteria.

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