Friday, 1 February 2008 09:59:54
StockWatch (Jakarta) - The Indonesia Stock Exchange (IDX) has supended trading of PT Triwira Insanlestari Tbk''s shares (TRIL) in the regular and the cash markets today (1/2) commencing the first session.
IDX head of trading division, Supandi, said in an announcement the exchange has supended trading of the shares after the price surged by IDR530 per unit (132.5% ) from the offering price of IDR400 per unit on Monday (28/1) at IDR930 in Thursday''s (31/1) trading.
"Besides, the trading suspension is meant to provide enough time for tarders to consider well before making any decision to invest in the shares based on the available information," he added.
Supandi said further that all parties concerned should pay attention to every information submitted by the management of Triwira Insanlestari. (abr/bud)