The Indonesia Stock Exchange extends the temporary suspension of securities trading on the regular market and cash market for 20 listed companies following the delay of these companies in paying fines due to not carrying out public exposures.

The companies are PT Expl exploitation Energi Indonesia Tbk (CNKO), PT Eterindo Wahanatama Tbk (ETWA), PT Golden Plantation Tbk (GOLL), PT Graha Andrasenta Properindo Tbk (JGLE), PT Grand Kartech Tbk (KRAH), PT Marga Abhinaya Abadi Tbk ( MABA), PT Sinergi Megah Internusa Tbk (NUSA), and PT Siwani Makmur Tbk (SIWI).

Then, PT Armidian Karyatama Tbk (ARMY), PT Cowell Development Tbk (COWL), PT Envy Technologies Indonesia Tbk (ENVY), PT Kertas Basuki Rachmat Indonesia Tbk PT Mitra Pemuda Tbk (KBRI), PT Hanson International Tbk (MYRX), PT Nipress Tbk (NIPS), PT Rimo International Lestari Tbk (RIMO),

PT Northcliff Citranusa Indonesia Tbk PT Sugih Energy Tbk (SKYB), PT Tiphone Mobile Indonesia Tbk (TELE), and PT Trada Alam Minera Tbk (TRAM).

"Based on the records of the Exchange, until February 22, 2021, which is the deadline for payment of fines for the implementation of the public expose, there are 20 listed companies that have not made payments," said Head of the IDX I Company Assessment Division, Adi Pratomo Aryanto through an official statement, on Wednesday (24/2).

Provisions of III.3 of the Exchange Rules relating to Public Expose stated that a listed company is required to conduct an annual public expose at least once a year.