Friday, January 22, 2010

Oversign B.V. notice default to Suryainti Permata

Oversign B.V. notice default to PT Suryainti Permata Tbk. Suryainti failed to pay interest US$5.03 million to Oversign B. V. Suryainti Permata raise US$70.7 million from Oversign B.V. with interest 14.23% per annum.
The legal consequences from the default, make Suryainti Permata has to pay interest loan 2% above the 14.23% per annum. Also, the loan will become due and apyable without declaration.
Todat, share price of Suryainti Permata rose 2.3% to IDR89 than one day before and made the market capitalization of the company at level IDR374.42 billion

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