IDX Lifts Suspension of Bank MNC, MNC Investama Shares
The Indonesia Stock Exchange has decided to lift the suspension of PT Bank MNC International Tbk (BABP) shares along with series IV and V warrants, as well as PT MNC Investama Tbk (BHIT) starting the first trading session today (11/6).
"The suspension of trading in BABP and BHIT shares in the regular market and cash market in all markets will be reopened starting from trading session I on June 11, 2021," Head of the IDX Transaction Supervision Division, Lidia M Panjaitan, in the IDX official publication, Friday (11/6).
Previously, the suspension of BABP and BHIT shares was carried out on June 10, 2021, due to a significant cumulative price increase in Bank MNC and BHIT shares, in the context of cooling down.
The suspension of trading in BABP and BHIT shares is intended to provide sufficient time for market participants to consider carefully based on the information available in each of their investment decisions in MNC Bank shares and warrants