This Is The Explanation Of The Garuda Boss About When The Suspension Of GIAA Shares Will Be Lifted

President Director of Garuda Indonesia Irfan Setiaputra. (Photo: Mery Handayani/VOI)

JAKARTA - President Director of Garuda Indonesia, Irfan Setiaputra, said that his party continues to communicate with the Indonesia Stock Exchange (IDX) regarding the reopening of Garuda shares.

Just so you know, Garuda Indonesia (GIAA) shares have been suspended (suspended) by the IDX since June 18, 2021. This is due to the delay in payment of the Sukuk coupon.

"We are in constant communication with the authorities regarding the share suspension, so there are many things that need to be agreed or confirmed before the suspension is lifted", he said at the Garuda Indonesia 2022 AGM press conference, Friday, August 12.

On this occasion, Irfan emphasized that the suspension of issuers with the stock code GIAA is not only related to the company's plan to exercise preemptive rights (HMETD) or rights issues.

“If you make an analogy that this has something to do with the rights issue, it is not correct. Because there could be other reasons that need to be agreed upon and fulfilled by Garuda so that the share suspension is revoked", he explained.

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Irfan invites all parties to wait patiently. The appointment of this suspension is also related to the interests of many parties.

"So just be patient, there will be many discussions and we have a common interest that the appointment of this share suspension is related to the interests of many parties, including public shareholders", he said.