Business Suspension for PT Hortus Centrovest

May 27 2015
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Financial Services Authority, May 27, 2015: Financial Services Authority (OJK) has suspended business license in venture capital for PT Hortus Centrovest. This suspension is given since the company is considered non-compliant with provision in Article 38 clause (1) of Finance Minister Regulation Number 18/PMK.010/2012 on venture capital firm. With this business suspension, PT Hortus Centrovest is therefore prohibited from carrying out business activities as venture capital firm.

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