IDX Suspends Trading in Mahaka Media Shares


The Indonesia Stock Exchange has again decided to temporarily suspend the trading of shares in PT Mahaka Media Tbk (ABBA) on Thursday.

"This step is carried out in the context of colling down in connection with the significant increase in cumulative prices at ABBA," said Head of the Exchange Transaction Supervision Division, Lidia M Panjaitan, in an official statement, Thursday (18/3).

The temporary suspension of trading in ABBA's shares is in the regular market and the cash market to provide sufficient time for market players to consider carefully based on the information in every investment decision-making in ABBA's shares.

"Interested parties are expected to always pay attention to the disclosure of information conveyed by the company," he said.



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