Sumalindo Shares Suspended

VIVAnews - The Indonesia Stock Exchange (IDX) suspends PT Sumalindo Lestari Jaya Tbk (SULI) shares on the first trade session, May 4.

The suspension is due to the cumulative increase in Sumalindo shares by Rp 255 (100 percent) to Rp 510 on May 1.

The action imposed at the regular and cash market is aimed at helping investors in making decision.

Earlier, the IDX has considered Sumalindo shares unusual market activity (UMA).

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Translated by: Bonardo Maulana Wahono