Jakarta - The Indonesia Stock Exchange has temporarily suspended the trading of shares of PT Rukun Raharja Tbk (RAJA) starting July 22, 2022.

"The IDX took the suspension step due to a significant cumulative price increase in RAJA's shares, so a suspension was needed in the context of cooling down," said IDX Transaction Supervision Division Head Lidia M. Panjaitan in an information disclosure on Friday (7/22).

The temporary suspension of trading in RAJA shares is carried out on the regular and cash markets to provide sufficient time for market participants to consider carefully based on the information available in every investment decision in RAJA shares.

She appealed to interested parties to always pay attention to the disclosure of information submitted by the company.