Jakarta - The Indonesia Stock Exchange has decided to suspend PT TBS Energi Utama Tbk (TOBA) on Tuesday (14/12).

The Head of the IDX Transaction Supervision Division, Lidia M Panjaitan, announced today's information disclosure.

The IDX suspended  FIFT shares and warrants due to cumulative price increases. The Exchange considers it necessary to carry out a suspension in the context of cooling down.

The IDX suspended trading in TOBA shares in the regular and cash markets. The aim is to provide sufficient time for market participants to carefully consider based on the information available in their investment decisions.