Suspension Since February 23, SUPR Shares Owned By Conglomerate Hartono Brothers' Business Entities Can Be Traded Again Starting Today

JAKARTA - The shareholders of PT Solusi Tunas Pratama Tbk or STP can breathe a sigh of relief. Starting today (Friday, February 18th), STP shares with the code SUPR can be traded again.

This certainty was stated in a letter signed by the Head of the Indonesia Stock Exchange (IDX) Transaction Supervision Division (IDX) Lidia M Panjaitan and the Head of the IDX's Trading Operational and Regulatory Division, Irvan Susandy, Thursday, March 17.

"SUPR's stock trading suspension on the regular market and cash market has reopened," the announcement read.

With the lifting of the suspension, SUPR shares can be traded again starting the first trading session today (Friday, March 18).

Previously, the shares of SUPR belonging to the business entity of the Djarum Group have been suspended by the IDX since February 23, 2022. This means that the suspension of SUPR shares has lasted approximately one month.

At that time, the suspension of SUPR shares was carried out due to a significant cumulative price increase.

For information, prior to the IDX suspension, SUPR's shares had jumped 358.65 percent in the period from December 31, 2021 to February 23, 2022. The price rose from IDR 15,475 to IDR 70,975.