The Indonesia Stock Exchange has decided to suspend PT Multipolar Tbk (MLPL) shares, starting the first trading session today (8/6).

The IDX implements this suspension due to a significant cumulative price increase in Multipolar's shares.

"Therefore, the Exchange urges interested parties to always pay attention to the disclosure of information submitted by the company," said Acting Head of the IDX Transaction Supervision Division, Endra Febri Styawan, in the IDX's official publication today.

In addition, the Exchange revoked the suspension of PT NFC Indonesia Tbk (NFCX) shares today, after previously being suspended on June 4, 2021.