JAKARTA – Throughout August 2024, Indonesia Stock Exchange (IDX) authorities put 21 issuers under special monitoring, mostly due to their stock prices that do not go over IDR 51 per share in the regular market.
Based on IDNFinancials’ compiled data today (5/9), there are 9 issuers under monitoring due to their prices that do not go beyond IDR 51 per share in the regular or regular periodic-call-auction market, and low liquidity rate as indicated through daily average transaction value and volume of less than IDR 5 million and 10 thousand shares within the past 3 months.
The 9 issuers in question are namely PTMahakam Resources Tbk (TIRT), PT Envy Technologies Indonesia Tbk (ENVY), PT Sejahtera Bintang Abadi Textile Tbk (SBAT), PT Trimitra Prawara Goldland Tbk (ATAP), PT Bukit Darmo Property Tbk (BKDP), PT Darmi Bersaudara Tbk (KAYU), PT Asia Pacific Investama Tbk (MYTX), PT Borneo Olah Sarana Sukses Tbk (BOSS), and PT Widodo Makmur Perkasa Tbk (WMPP).
Meanwhile, other issuers are listed under different categories of special monitoring, such as failure of scoring revenue in the audited/interim financial report; recording negative equity in the latest financial report; facing insolvency, bankruptcy, or cancellation of homologated agreement; as well as temporary suspension for over one day due to unusual market activity.
There are 11 issuers scattered under various categories, including PT Sky Energy Indonesia Tbk (JSKY), PT Wilton Makmur Indonesia Tbk (SQMI). PT PT Fimperkasa Utama Tbk (FIMP), PT Meratus Jasa Prima Tbk (KARW), PT Indofarma Tbk (INAF), PT Fortune Indonesia Tbk (FORU), PT Fajar Surya Wisesa Tbk (FASW), PT Graha Layar Prima Tbk (BLTZ), PT MNC Digital Entertainment Tbk (MSIN), PT Nusantara Infrastructure Tbk (META), PT MAP Boga Adiperkasa Tbk (MAPB), PT Pollux Hotels Group Tbk (POLI), and PT Green Power Group Tbk (LABA). (LK/ZH)