JAKARTA - The Indonesia Stock Exchange (IDX) reminded delisting potential of PT Panasia Indo Resources Tbk (HDTX) from the list of listed companies in the second quarter of 2021.
In its official announcement today, IDX management said HDTX shares had been suspended for 18 months. "The suspension period will reach 24 months on May 29, 2021," explained IDX management.
The delisting plan is in accordance with provisions III.3.1.1 and 3.1.2 prepared by IDX; exchange members will be removed from the listing board, if they experience certain conditions or events, that negatively impact the company's survival. In addition, delisting can be done if the listed company's shares are suspended for 24 months.
For information, Lucky Heights currently owns 27.77% of HDTX shares. Then, as much as 19.63% owned by Gold Gazelle, 19.35% by Panasia Synthetic, 9.72% by Mercury Capital, 9.49% by Prime Invesco, and the remaining 3.99% by public investors. (KR/VA)