The Financial Services Authority (OJK) has stated that the decision from the Extraordinary General Meeting of Shareholders (EGM) held on October 14, 2024, regarding the approval of the distribution of Bonus Shares from the capitalization of the Company's retained earnings as of December 31, 2023, cannot be implemented because it does not comply with the provisions of Article 8 of the Financial Services Authority Regulation (POJK) No. 27/POJK.04/2020 concerning Bonus Shares.

In light of this, and in order to maintain orderly, fair, and efficient trading of securities, the Indonesia Stock Exchange (IDX) has decided to temporarily suspend the trading of PT Mandala Multifinance Tbk. (MFIN) securities on all markets, starting from the first session of trading on October 31, 2024, until further notice from the Exchange.

The Exchange requests all interested parties to continuously monitor the information disclosed by the Company.

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