Shares of property developer Intiland Development (DILD) ended lower to Rp113 Thursday (Jun 25) to make a market capitalization of Rp1.17 trillion, not even half of its equity (Rp6.77 trillion). It is not alone, of course. Bumi Serpong Damai (BSDE) is now worth Rp12.1 trillion, also nothing compared to its equity (Rp52.7 trillion). To subscribe please click here