The Indonesian Stock Exchange has decided to revoke the temporary suspension of PT Telefast Indonesia Tbk (TFAS) shares on Thursday (1/7).

"The suspension of Telefast stock trading on the regular market and cash market will be reopened starting from trading session I, July 1, 2021," said IDX Transaction Supervision Division Head Lidia M Panjaitan in an official publication in Jakarta on Thursday (1/7).

Previously, Telefast's shares were suspended on April 20, 2021, due to a significant cumulative price increase that required a cooling down.