{
    "success": true,
    "data": {
        "id": 1674063,
        "msgid": "idx-announces-18-issuers-to-be-delisted-this-year-1776070252",
        "date": "2026-04-13 14:44:58",
        "title": "IDX Announces 18 Issuers to Be Delisted This Year",
        "author": "",
        "source": "TEMPO_ID_BISNIS",
        "tags": "",
        "topic": "Finance",
        "summary": "The Indonesia Stock Exchange (IDX) has announced the delisting of 18 issuers effective 10 November 2026, divided into seven bankrupt companies and eleven that have been suspended for over 50 months. This action follows multiple warnings and aims to protect investors by removing non-compliant entities from the market. IDX Director I Gede Nyoman Yetna emphasised that ample opportunities for fundamental improvements were provided, with buyback periods scheduled from 11 May to 9 November 2026.",
        "content": "<p>The Indonesia Stock Exchange (IDX) will remove the listing of\nsecurities or delist 18 issuers this year. This decision is outlined in\nthree IDX announcements numbered Peng-DEL-00001\/BEI.PP1\/04-2026,\nPeng-DEL-00002\/BEI.PP2\/04-2026, and Peng-DEL-00001\/BEI.PP3\/04-2026,\nissued on 10 April 2026.<\/p>\n<p>The removal of securities listing will take effect on 10 November\n2026. According to the IDX announcement, the 18 issuers to be delisted\nare divided into two categories: companies declared bankrupt and\ncompanies that have been under suspension for more than 50 months.<\/p>\n<p>There are seven companies declared bankrupt: PT Cowell Development\nTbk (COWL), PT Mitra Pemuda Tbk (MTRA), PT Sri Rejeki Isman Tbk (SRIL),\nPT Sunindo Adipersada Tbk (TOYS), PT Sejahtera Bintang Abadi Textile Tbk\n(SBAT), PT Tianrong Chemicals Industry Tbk (TDPM), and PT Omni Inovasi\nIndonesia Tbk (TELE).<\/p>\n<p>Then, there are 11 listed companies that have been under suspension\nfor more than 50 months. These companies are PT Eureka Prima Jakarta Tbk\n(LCGP), PT Sugih Energy Tbk (SUGI), PT Marga Abhinaya Abadi Tbk (MABA),\nPT Limas Indonesia Makmur Tbk (LMAS), PT Northcliff Citranusa Indonesia\nTbk (SKYB), PT Envy Technologies Indonesia Tbk (ENVY), PT Golden\nPlantation Tbk (GOLL), PT Polaris Investama Tbk (PLAS), PT Triwira\nInsanlestasi Tbk (TRIL), PT Nusantara Inti Corpora Tbk (UNIT), and PT\nJaya Bersama Indo Tbk (DUCK).<\/p>\n<p>\u201cFurthermore, in accordance with Exchange Regulation No.\u00a0I-N, the\nexchange urges listed companies to carry out buybacks,\u201d the IDX stated\nin its announcement. The buyback implementation period by the companies\nis scheduled from 11 May to 9 November 2026.<\/p>\n<p>IDX Director of Company Ratings I Gede Nyoman Yetna stated that in\nprinciple, companies to be delisted have been given opportunities to\nimprove their fundamentals. \u201cThe regulation is 24 months, we have given\nmore than 24 months opportunity. These are companies that have been\nlisted for a long time,\u201d Nyoman said when met at Pacific Place, Jakarta,\non Monday, 13 April 2026.<\/p>\n<p>Meanwhile, Nyoman said, there are also companies delisted due to\nlegal issues, such as bankruptcy. He stated that delisting for bankrupt\nissuers aligns with efforts to provide protection for investors.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/idx-announces-18-issuers-to-be-delisted-this-year-1776070252",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}