The Indonesia Stock Exchange announced the potential for delisting shares of PT Hanson International Tbk (MYRX) and PT Trikomsel Oke Tbk (TRIO). 

From January 16, 2020, until now, Hanson's shares have been suspended. The suspension period will reach 24 months on January 16, 2022. Meanwhile, the Exchange has also suspended shares of Trikomsel since January 17, 2020. The shares of the company that owns the Oke Shop store chain have been halted from trading for 18 months and will reach 24 months on July 17, 2021. 

According to the regulation, under provisions in III.3.1.1, the Exchange may write off a listed company's shares if the listed company experiences a condition or event that has a significant negative effect on business continuity. Also, provisions in III.3.2 said that the shares are only traded in the negotiated market for the last 24 months because of the suspension on the regular and cash markets.

"The Exchange asks the public to pay attention and pay close attention to all forms of information submitted by the company," said Head of Corporate Valuation Division 2 BEI Vera Florida and Head of the IDX Trade Regulation and Operations Division Irvan Susandy in a statement, Monday (18/1). 

Based on the financial statements as of December 31, 2020, Hanson shareholders were PT Asabri (Persero) at 10.85% and the public at 89.15%. Trikomsel's shareholders include Sukses Perdana controlling 38.25%, Wagita Trust Ltd held 25.53%, UOB Kay Hian Pte Ltd owned 10.99%, and PT Tigadari Fiesta had 8.68%, Polaris Ltd held 8.22%, and the public had 8.33. %.