IDX Suspends MGLV and PTDU Shares, Three Other Issuers Resume Trading
JAKARTA, KOMPAS.com - PT Bursa Efek Indonesia (IDX) has temporarily suspended (suspended) trading of two shares, namely PT Panca Anugerah Wisesa Tbk (MGLV) and PT Djasa Ubersakti Tbk (PTDU), amid dynamics in price movements and the issuers’ compliance with exchange obligations.
The suspension of MGLV shares, an issuer of luxury household products, has been in effect since session I of trading on Wednesday (25/3/2026). This step was taken after MGLV shares experienced a significant cumulative price increase.
Records show that MGLV shares last stood at Rp 4,700 per share, after strengthening by 15.20 percent in the last month. Year to date (YTD), these shares have surged by up to 113.64 percent.
“The exchange urges interested parties to always pay attention to the information disclosures provided by the company,” the IDX stated in its announcement on Wednesday (25/3/2026).
“The exchange has decided to temporarily halt trading of PT Djasa Ubersakti Tbk securities across all markets from session I of the periodic call auction on 17 March 2026 until further notice from the exchange,” the IDX continued.
The authority noted that PTDU had previously submitted a letter on 19 January 2026 regarding the cancellation of the Extraordinary General Meeting of Shareholders (EGM). Subsequently, the exchange issued a letter dated 18 February 2026 regarding sanctions for suspending securities due to delays in paying the 2026 annual listing fees.
Then, on 5 March 2026, the IDX again sent a letter requesting clarification, which was delivered to the company on 9 March 2026. The suspension of PTDU also refers to Exchange Regulation Number I-L on the suspension of securities.
On the other hand, the IDX has reopened the suspension of three shares starting from session I of trading on Wednesday, namely PT Ifishdeco Tbk (IFSH), PT Lancartama Sejati Tbk (TAMA), and Sunson Textile Manufacturer Tbk (SSTM).
Head of the IDX Transaction Supervision Division, Yulianto Aji Sadono, stated that with the lifting of these suspensions, investors can once again conduct transactions in the regular market and cash market.