The Indonesian Stock Exchange has decided to suspend the trading in the shares of PT Limas Indonesia Makmur Tbk (LMAS) on Tuesday, June 22, 2021.

"The suspension was carried out in connection with a significant increase in cumulative prices, so cooling down was needed," said IDX Transaction Supervision Division Head Lidia M Panjaitan in the IDX information disclosure on Tuesday (22/6).

According to Lidia, the stock suspension was carried out in the regular market and cash market to provide sufficient time for market participants to consider carefully based on the information available in every investment decision-making in Limas shares.

"Stakeholders are expected to always pay attention to the disclosure of information submitted by the company," he said.