Skyrocketed 102 percent, Asri Bekasi Stock Exchange Stock Suspension

Skyrocketed 102 percent, Asri Bekasi Stock Exchange Stock Suspension
Indonesia Stock Exchange to a temporary halt (suspension) trading in shares and Series I Warrants Beginners Tbk PT Bekasi Asri (Father).

Commerce Head of BEI shares Susandy Irvan said in Jakarta, Friday (13/04/2012), the suspension was made ​​in connection with a significant cumulative increase in prices on Father shares at Rp 157 or 102.61 percent, from Rp 153 on closing 2 April 2012 to $ 310 on 12 April 2012. "The suspension is done in order to cool down in trading today," he said in a statement BEI.

Irvan added suspension Warrant Series I shares and the Father is done on the regular market and cash market in order to allow sufficient time for market participants. "Market participants are expected to consider carefully based on the information contained in any decision-making investment in shares and Series I Warrants Father," he said.

Related performance throughout 2011, the company recorded net income of the property worth Rp 5.90 billion, down compared to same period of 2010 amounted to Rp 12.68 billion.

As the decline in net profit, sales of the company also declined to Rp 30.64 billion compared to the same period of 2011 amounting to Rp 54.49 billion.

But despite the decline in net income and earnings, total assets of the Company until December 31, 2011 carrying value of Rp 148.08 billion, an increase over the same period in 2010 amounting to Rp 136.35 billion.