PT Mitra Investindo Tbk (MITI) asked the Indonesia Stock Exchange to open a temporary suspension of the company's share trading.

"The request to revoke the suspension is because the company has published an independent appraiser report from the Kusnanto & Partners Public Appraisal Service Office on an assessment of 100% of the company's stock market value for the period of February 28, 2021," said MITI President Director Andreas Tjahjadi in information disclosure on the IDX in Jakarta on Thursday (24/6).

The aim is that investors or shareholders can get an overview of the company after the acquisition transaction of 99% of PT Wasesa Line (WL) shares.

Meanwhile, KJPP Kusnanto & Partners, in a letter to the company on June 16, 2021, assessed that based on the net asset adjustment method, the indication of the market value of 100% of the company's shares before the market liquidity discount was Rp160.05 billion.

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