The Indonesia Stock Exchange has temporarily suspended PT Indonesia Prima Property Tbk (OMRE) and PT Matahari Putra Prima Tbk (MPPA), starting from the first trading session on Monday (12/4).

"The suspension is carried out in the regular market and the cash market," said Head of the IDX Transaction Supervision Division, Lidia M Panjaitan, in an official statement from the Exchange today.

The Exchange carried out the suspension in the context of cooling down due to a significant increase in the cumulative price of these shares.

"Therefore, we provide sufficient time for market players to carefully consider based on the information available in every investment decision making in OMRE and MPPA shares," he said.

IDX urges interested parties to always pay attention to the disclosure of information submitted by the company.