Garuda Indonesia Has Potential Delisting from IDX


Jakarta - The Indonesia Stock Exchange announced the potential delisting of PT Garuda Indonesia (Persero) Tbk (GIAA).

"GIAA's shares have been suspended for six months and the suspension period will reach 24 months on June 18, 2023," said Vera Florida, Head of IDX's Corporate Valuation Division 2, in information disclosure on Tuesday (21/12).

The Exchange urges the public to continue paying attention and paying close attention to all forms of information submitted by the company.

As of August 31, 2021, GIAA's shareholders were the government as much as 60.54%, Pt Trans Airways about 28.27%, and the public 11.19%.

The Exchange had suspended GIAA's shares since June 18, 2021.



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