Saya lagi iseng me review JPRS eh dapet berita ini nih, yg intinya : manajemen nya tidak bisa dipercaya. jadi be carefull. Ini yg ada di laporan bapepam : http://www.bapepam.go.id/old/old/E_Public/press/PR-180602.PDF
IV. The Case of PT Jaya Pari Steel Corp. Ltd. Tbk 1. The case began when PT Jaya Pari Steel Corp. Ltd. Tbk sent a letter to Bapepam stating that on December 13, 2001 the company has sold its fixed asset in the form of land and building located at Jalan Margomulyo No. 29A (MM-29A) Surabaya valued Rp 29,300,000,000.00 (twenty nine billion and three hundred million rupiah) to PT Gunawan Dianjaya Steel which has an affiliation with the company. 2. Based on investigation and examination on data or documents and Parties connected to the case, Bapepam found that PT Jaya Pari Steel Corp. Ltd. Tbk has positively sold the asset in the form of MM-29A valued Rp29,300,000,000.00 (twenty nine billion and three hundred million rupiah) to PT Gunawan Dianjaya Steel, its affiliated party on 13 December 2001. The transaction has not yet obtained an approval from independent shareholders in a General Meeting of Shareholders. 3. Based on the investigation, Bapepam decided that PT Jaya Pari Steel Corp. Ltd. Tbk has violated Bapepam Rule No. IX.E.1 concerning Conflict of Interest on Certain Transactions. Therefore, the company is imposed with the following sanctions: a. Fines in the amount of Rp. 500,000,000.00 (five hundred million rupiah); b. Requirement to put an agenda concerning the company's accountability and information disclosure with regard to the sale of company's asset in the form of MM-29A on 13 December 2001 to an affiliated party, in the next general Meeting of Shareholders INI BERITA YG DI AUSTRALIA : Ini Link nya : andrewlanderyou.blogspot.com/2005_09_11_archive.html Tedy Gunawan - Scion of Indonesian Gangster Family The family of left-wing Indonesian national and key player in the appointment of corrupt MUSU Liquidator Dean McVeigh, Tedy Gunawan is involved in corporate crime in Indonesia and has been engaged in a criminal conspiracy to destroy the Australian and Canadian steel industries by dumping cheap steel in those markets. Long-time readers will be familiar with the tale of Tedy Gunawan, a corrupt and violent Indonesian national operating from Australia. An associate of militant left-wing groups in Australia and an advocate of the overthrowing of the Indonesian government, perversely enough he is an heir to the PT Gunawan fortune created by his millionaire industrialist father, Charles Gunawan. His father is also known to be involved in intriguing against the democratically elected government of Indonesia. A source close to Tedy Gunawan has provided the OC with a startling insight into the extent of Tedy and his Daddy's criminality. Australian Customs Dumping Notice No. 2004/12 shows that PT Gunawan was found guilty of dumping steel in Austraila in an attempt to destroy the Australian steel industry. PT Gunawan Elektrindo is just one part of the Gunawan's criminal enterprises. It claims a turnover in excess of $25 million per annum and operates in Jakarta paying its mainly Javanese employees around $1 a day. Its corrupt empire spans several factories where employees are forced to work for twelve hours a day, require a supervisors' permission for a toilet break and are not offered any medical insurance or even drinking water in the workplace. The company is owned and controlled by Gunawan Senior, believed to be in league with elements opposed to the Indonesian Government. Another arm of the PT Gunawan octupus is PT Gunawan Dianjaya Steel which has been investigated by Canadian authorities for dumping steel in Canada below commercial prices as a result of receiving corruptly obtained government subsidies by an Indonesian government agency. Even in corruption riddled Indonesia, PT Gunawan is regarded as a rogue enterprise. They were involved in a transaction so scandalous that it would make even Solomon Lew blush. According to documents obtained by the OC, Gunawan has been involved in serious fraud against shareholders in Indonesia which has attracted the attention of Indonesian regulators. They found Charles Gunawan guilty of selling assets on the cheap from a public company controlled by him to his privately held PT Gunawan Dianjaya Steel. It fined him five hundred million rupiah and ordered that the related party transaction be referred to independent shareholders. IV. The Case of PT Jaya Pari Steel Corp. Ltd. Tbk 1. The case began when PT Jaya Pari Steel Corp. Ltd. Tbk sent a letter to Bapepam stating that on December 13, 2001 the company has sold its fixed asset in the form of land and building located at Jalan Margomulyo No. 29A (MM-29A) Surabaya valued Rp 29,300,000,000.00 (twenty nine billion and three hundred million rupiah) to PT Gunawan Dianjaya Steel which has an affiliation with the company. 2. Based on investigation and examination on data or documents and Parties connected to the case, Bapepam found that PT Jaya Pari Steel Corp. Ltd. Tbk has positively sold the asset in the form of MM-29A valued Rp29,300,000,000.00 (twenty nine billion and three hundred million rupiah) to PT Gunawan Dianjaya Steel, its affiliated party on 13 December 2001. The transaction has not yet obtained an approval from independent shareholders in a General Meeting of Shareholders. 3. Based on the investigation, Bapepam decided that PT Jaya Pari Steel Corp. Ltd. Tbk has violated Bapepam Rule No. IX.E.1 concerning Conflict of Interest on Certain Transactions. Therefore, the company is imposed with the following sanctions: a. Fines in the amount of Rp. 500,000,000.00 (five hundred million rupiah); b. Requirement to put an agenda concerning the companys accountability and information disclosure with regard to the sale of companys asset in the form of MM-29A on 13 December 2001 to an affiliated party, in the next general Meeting of Shareholders. Join the ongoing investigation into the Gunawan clan yourself by seeing these links. Gunawan Fined 500 million rupiah Canadian Investigation into Gunawan Steel Dumping Australian Authorities Find Gunawan Guilty of Illegal Dumping of Steel and Force Price Undertakings Click here to Read More on this post... Click here to display headline summary only... Posted by Andrew Landeryou at 8:43 AM | Labels: corruption, solomon lew Monday, 12 September 2005 Saturday, 10 September 2005 Home Subscribe to: Comment Feed (RSS)
