Investor Pays Guaranteeing Fee of Rp 10 thousand for Asset Worth Rp 1 billion
Mar 10
2014
Investor Pays Guaranteeing Fee of Rp 10 thousand for Asset Worth Rp 1 billion
JAKARTA - A firm that acts as Investor Protection Fund Institution in Indonesia Capital Market, namely Indonesia SIPF, states that the fee will not be costly.
Yoyok Isharsaya, CEO of Indonesia SIPF, provides an illustration that supposed an investor has an asset of car worth Rp 300 million. Its insurance fee costs him 3% annually. Therefore, he is to pay Rp 9 million for the insurance fee.