Jakarta - The Indonesia Stock Exchange (IDX) monitors the movement of the shares of PT KDB Tifa Finance Tbk (TIFA).

The Head of Supervision of the IDX Transaction Division, Lidia M. Panjaitan, said that there had been an unusual increase in TIFA's stock price or unusual market activity (UMA).

"The UMA announcement does not necessarily indicate a violation of the laws and regulations in the capital market sector," she said in her statement, Monday (6/9).

According to Lidia, the latest information regarding TIFA was on August 30, 2021, which was published on the IDX website regarding the submission of advertisement proof on the company additional information related to the company's rights issue plan for information disclosure.

"For information, the Exchange has previously announced the temporary suspension of trading of TIFA shares in the regular and cash markets for the period from March 26 to April 12, 2021," she e