Bought on IPO proceeds, yet POLA’s office is on the verge of execution J

AKARTA -PT Pool Advista Finance Tbk (POLA) files an objection to Attorney General’s Office regarding the confiscation of POLA’s office building worth IDR 47.37 billion in North Grogol, Jakarta. Ferry Junarso, President Director of POLA, mentioned that the confiscation will affect operational activities of the company. “The value of assets according to the Financial Report...

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German GfK Consumer Sentiment To Improve In June

Consumer confidence in Germany is set to improve further in June on rising economic and income expectations amid slowing inflation and rising wages, results of a survey showed Wednesday. The consumer confidence index rose to -20.9 in June from a revised -24.0 in the previous month, the survey published jointly by GfK and the Nuremberg...

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