-+ 0.00%
-+ 0.00%
-+ 0.00%
Pool Advista Says Subsidiary Faces No Court Ruling Yet in ASABRI Corruption Case
Share
Listen to the news
Pool Advista Says Subsidiary Faces No Court Ruling Yet in ASABRI Corruption Case
  • Pool Advista Indonesia clarified on November 9, 2026, that its 99.99%-owned subsidiary Pool Advista Aset Manajemen has received no court verdict.
  • Prosecutors seek an IDR 5 billion fine, alternatively 410 days’ imprisonment, in the subsidiary’s alleged ASABRI investment-fund corruption case.
  • They also seek IDR 8.08 billion in asset confiscation, alternatively a two-year freeze on all corporate activities.
  • The parent will explain funding sources and financial and business-continuity impacts if a final, binding court ruling finds the subsidiary guilty.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PT Pool Advista Indonesia Tbk published the original content used to generate this news brief via Indonesia Stock Exchange (IDX) (Ref. ID: 32183653) on November 09, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending