The company is currently still under a temporary suspension of trading securities across all markets. As of October 10, 2023, PT Cowell Development Tbk. has been subject to Special Notation for more than 1 (one) consecutive year since October 10, 2022. Therefore, the Indonesia Stock Exchange (IDX) has decided to temporarily halt the trading of securities for PT Cowell Development Tbk. in all markets starting from the first trading session on Thursday, October 12, 2023.

Furthermore, the IDX urges stakeholders to consistently monitor the Information Disclosure provided by the listed company.

(W)