JAKARTA – The cessation of palm oil mill owned by PT Multi Agro Gemilang Plantations Tbk (MAGP and MAGP-W) impacts to the cessation of shares and warrant trading of the company in Indonesian Stock Exchange (BEI). This suspension enforced since the second session of trade two days ago.
Cited from OkeZone, Head Division of Trading Operational of BEI, Eko Siswanto stated, the suspension related to the operational of palm oil mill owned by the company have been discontinued due to the broke of their flooded gensets.
“The exchange has asking for the continuous explanation from the company related to the information,” said Eko in his written statement, on Friday (05/12/2014).
The suspension, said the exchange, done to keep the market regular, fair and efficient. (T3)
