The capital market authorities, he added, indicated there was no need to hold RUPS. Nevertheless, the company still wanted to hold the meeting to maintain good relations with its shareholders.
The company until the third quarter of 2009 was able to increase its amount of cash balance to IDR120 billion.
In addition to switch investment portfolio, the company also plans to ask for its shareholders' permission to issue bonds worth IDR125 billion this year.
The amount of fund will be allocated to grow online trading that the company has developed since last year.
Orias said the company hoped the bond could be underwritten by PT Danareksa Sekuritas and PT Victoria Securities. He explained the two securities companies once underwrote Reliance Securities' IPO.
The company just planted 400 trees on 1 hectare of land at Gunung Gede-Pangrango National Park that donated part of the sale of retail T-bonds (ORI/obligasi negara ritel) series 006. The company sold the debt securities worth around of Rp170 billion.(Bisnis/21)