Financial Services Authority, Jakarta, June 17, 2016: The Financial Services Authority (OJK) has issued a decision of its board of commissioners in relation to certification of PT Graha Andrasentra Propertindo shares as sharia-compliant securities. The stock has entered the List of Sharia-Compliant Stocks pursuant to Decision of the Board of Commissioners of the OJK No. KEP-22/D.04/2016 dated May 20, 2016.
The decision was issued following results of the OJK's review on the Registration Statement submitted by PT Graha Andrasentra Propertindo, whether it has satisfied the Sharia Stock criteria. The OJK reviewed the data provided in the Registration Statement and other supporting data, including written data from the Issuer, as well as from other reliable parties.
The OJK periodically reviews the Sharia Stock List based on Mid-Term Financial Statements and Annual Financial Statements of Issuers or Public Companies. Such review is also conducted once an issuer's or a public company's Registration Statement has become effective and satisfied the Sharia Stock criteria, or when Issuers or Public Companies make corporate actions, or have information or facts that might make them satisfy or not satisfy such criteria.
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