Indonesia’s financial regulator said on Friday that the stock exchange and regulators have doled out sanctions against three companies.
The three companies were Barito Renewables Energy, which was fined $27.8 million, Dian Swastatika Sentosa, fined $27.8 million, and Petrindo Jaya, which was fined $5.6 million, the financial regulator said.
The sanctions were part of Indonesia’s market reforms, an official said.
Reuters
