Meratus Jasa Prima Outlines Recovery Plan to Lift Indonesia Stock Exchange Trading Suspension
Bitget2026/10/30 11:04- Meratus Jasa Prima disclosed a recovery plan on October 30, 2026, addressing the suspension of its Indonesia Stock Exchange-listed shares (KARW).
- The Indonesia Stock Exchange suspended trading across all markets from July 1, 2026, citing persistent negative equity.
- Shares had remained on the Special Monitoring Board since June 21, 2024, exceeding the one-year threshold for suspension.
- The recovery plan targets improved profitability, continued cooperation with Pelindo and business diversification to reduce negative equity.
- A request to lift the suspension will follow compliance with exchange requirements; resumption remains subject to the exchange's decision.
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