Unpaid Bond Interest, Waskita Karya Shares Suspended Again

JAKARTA - PT Bursa Efek Indonesia (IDX) has again extended the temporary suspension (suspension) of shares of PT Waskita Karya (Persero) Tbk (WSKT). This is adrift of paying the interest on the bonds.

Citing the disclosure of information, Thursday, November 16, the temporary suspension of WSKT shares in all markets is calculated from today's I Securities trading session. The duration of the suspension to the announcement of the stock exchange is further.

This suspension was due to Persero delaying the payment of the 18th interest of Waskita Karya Phase IV Shelf-Registered Bonds III in 2019 series B (WSKT03BCN4).

Therefore, to maintain a regular, reasonable and efficient effect trading, this suspension extension was triggered.

As is known, WSKT shares have been suspended since February 16, 2023. It was reopened on March 3, 2023.

Due to the postponement of interest payments to 11 sustainable bonds IV WSKT phase I 2020 (WSKT04CNI), WSKT shares were suspended again on May 8, 2023.

The extension continued on August 7, 2023, August 16, 2023, and September 30, 2023. And finally on November 16, 2023.