Jakarta - The Indonesia Stock Exchange monitors PT Urban Jakarta Propertindo Tbk (URBN) shares due to an unusual increase in stock prices (unusual market activity/UMA).

This was conveyed by the Head of the IDX Transaction Supervision Division, Lidia M Panjaitan, in the IDX information disclosure, Thursday (16/9).

She added that the Exchange had previously suspended URBN shares in the regular and cash markets on January 8, 2021, aiming at cooling down. The IDX determined UMA on December 22, 2020.

In connection with the re-occurrence of UMA, the Exchange is currently observing the pattern of URBN stock transactions.

The Exchange asks investors to pay attention to the listed companies' answers to the Exchange's confirmation request, observe the performance of URBN and its information disclosure, review the URBN corporate action plan if the GMS has not approved the plan, and consider various possibilities that may arise in the future befor