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IDX stops share transactions of RIMO

11 February 2020 14:10

JAKARTA - PT Indonesia Stock Exchange (IDX) stoped the stock transaction of PT Rimo International Lestari Tbk (RIMO) starting session II of securities trading, Tuesday (11/2). The company shares are owned by Teddy Jokrosaputro, the son of Benny Tjokrosaputro, the suspect in the loss case of PT Jiwasraya (Persero).

As quoted from BEI's information disclosure, the termination of RIMO share transactions refers to the OJK letter No. SR-18 / PM.21 / 2020 on 11 February 2020 in order to maintain fair, regular and efficient securities trading. RIMO's share price continued to skyrocket to touch the price of Rp 50 per share this morning after experiencing pressure since the end of January 2020.

Based on reports of ownership of securities reaching above 5% as of January 31, 2020, Teddy Tjokrosaputro owns 5.670% shares, NBS Clients 5.434%, and Six Sis Ltd at 5.147%.

As is known, the Attorney General's Office seized 93 apartment units owned by Benny Tjokrosaputro last week. A number of these assets are being investigated for ownership in order to investigate the existence of money laundry practices related to the PT Jiwasraya case. (LK)

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