IDX LIfts Suspension of Indosterling, Lionmesh, Multipolar Shares


The Indonesia Stock Exchange revoked the trading halt (suspension) of shares of PT Indosterling Technomedia Tbk (TECH), PT Lionmesh Prima Tbk (LMSH), and PT Multipolar Tbk (MLPL) starting from the session I on Friday (21/5).

"The suspension of trading of three listed companies on the regular market and cash market is reopened," said Head of the IDX Transaction Supervision Division, Lidia M Panjaitan, in the IDX disclosure today.

Trading in Lionmesh and Multipolar shares was halted on Thursday (20/5), while trading in Indosterling shares was halted on January 8, 2021. Due to a large spike in pricing, the IDX suspended the shares.

The purpose of the suspension is to provide adequate time for market participants to consider the information available in each investment decision-making carefully.



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