Shares of EPC firm PT Nusa Konstruksi Enjiniring Tbk (DGIK) Tbk inched up 2% to Rp52 last Friday to make a market capitalization of Rp287 billion, not even half of its equity (Rp790.9 billion by June 30, 2018). It is true that both sales revenues and net profit dropped significantly in the first half of 2018. Investors have dumped the shares because of financial risks related to the graft case being investigated by authorities. DGIK is the first corporation named corruption suspect by KPK.To subscribe please click here
