After Being Suspended Because The Price Rose By 135 Percent, Tommy Suharto's Humpus Intermoda Shares Could Be Traded Again Starting Today

Illustration. (Photo: Doc. Antara)

JAKARTA - Good news for the shareholders of PT Humpuss Intermoda Transport Tbk. The Indonesia Stock Exchange (IDX) has released the suspension grip on the shares with the HITS code.

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, Tuesday, April 5.

According to the IDX, the suspension of trading in shares of the company owned by Hutomo Mandala Putra alias Tommy Suharto has been opened.

"The re-opening of HITS shares in the regular market and cash market begins today's trading session I (Wednesday 6 April)," the IDX wrote.

With this decision, HITS shares are only subject to a one-day suspension, which is throughout trading Tuesday, April 5th. This suspension is due to a significant increase in the cumulative price of HITS shares.

The suspension was carried out by the IDX in the context of cooling down in the regular market and cash market, with the aim of providing adequate time for market participants to consider carefully based on the information available in every investment decision making in HITS shares.

As additional information, currently, the stock price of HITS is at the level of IDR 905. This means that HITS shares have increased by 135.68 percent compared to the final position in 2021 of IDR 384.