Soars 175%, IDX Suspends Mysterious Stock Trading Again

Saham News - Posted on 27 June 2025 Reading time 5 minutes

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The Indonesia Stock Exchange (IDX) has temporarily suspended trading of PT Master Print Tbk (PTMR) shares due to a significant cumulative price increase over a short period. Notably, PTMR had just resumed trading on June 25, 2025.

 

According to a disclosure from IDX, trading of PTMR shares has once again been suspended starting from the first session on June 26, 2025, in both the regular and cash markets. This suspension will remain in effect until further notice is issued by the exchange.

 

It was reported that PTMR’s stock reached the upper auto rejection limit (ARA) on its first day of resumed trading. Over the past week, the share price has surged by 109%, and over the past month, it has soared by 175%.

 

IDX stated that this suspension is a protective measure for investors, particularly for those holding PTMR shares.

 

“The exchange urges all relevant parties to closely monitor the company’s public disclosures,” the IDX management wrote on Thursday, June 26, 2025.

 

For further context, according to the same disclosure, Singapore-based company Deep Source Pte. Ltd. is currently in the process of negotiating the acquisition of 1,472,000,000 shares of PT Master Print Tbk (PTMR), which represents 77.19% of the company’s total issued shares.

 

The objective of the acquisition is to support business expansion and extend Deep Source Pte. Ltd.’s operational network in Indonesia.

 

At present, Deep Source Pte. Ltd. does not hold any direct or indirect ownership in PTMR. The negotiations are being conducted directly between both parties.

Source: cnbcindonesia.com

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