Listing on the Bourse or Listing in Limbo?

Non-bank financial institution Danareksa is threatened with bankruptcy, and possibly, only a miracle can saveit now.

February 5, 2002

Last year, PT Danareksa—a state company that operates in the investment and financial area—notched up a profit of Rp70 billion. This year, however, not only is Danareksa unable to make a profit, it has already defaulted on its debts. The company's performance has been disappointing. There are rumors that president director Dian Wiryawan will be replaced. What is shocking is the resignation of one of the company's commissioners, Agus

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