JAKARTA. The Indonesia Stock Exchange (IDX) asks the public to review the information disclosed by PT Inti Agri Resources Tbk (IIKP), considering that the said company is on the verge of being delisted off the board.
Goklas Tambunan, the Head of Company Appraisal Division 3 of IDX, stated that the stock exchange had suspended IIKP’s shares since January 23, 2022. “IIKP’s stock suspension will be 24 months on January 23, 2022,” he reminded the public in the information disclosure.
Then, Tambunan also reiterated that delisting would take place should the listed company (issuer) face a condition that negatively impacts its business. Furthermore, delisting may also occur once the issuer’s stock has been suspended for 24 months.
Based on idnfinancials.com data, IDX had announced the suspension of IIKP’s stock on January 22, 2020. This suspension applies to all markets, from the regular, negotiation, and cash market.
For the record, PT Asabri (Persero) is known to control 12.32% of IIKP’s shares as of December 2021. Then, PT Maxima Agro Industri claimed 6.30% of shares, while public investors shared the remaining 81.38%. (KR/ZH)