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12/13/11

Technology shares suspended Myoh?

JAKARTA - Make mooney Blog$: Indonesia Stock Exchange (IDX)suspended trading (suspension) of PT Myoh Technology Tbk(MYOH) because its stock price soared 180 percent.


MYOH shares surged 180 percent or increased by Rp765 from30 November 2011 closing price of Rp425 per share to Rp1.190per share on December 13, 2011.

Head of Stock Exchange Transactions Supervision, IrvanSusandy in information disclosure, Wednesday (14/12), said thetemporary suspension of trading is conducted from the first session of trading Wednesday. This is done in order to cool down in the regular market and cash.

According to him, the suspension performed with the aim ofproviding sufficient time for market participants to considercarefully based on existing information. (Ant/OL-5)
source: http://www.mediaindonesia.com
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