JAKARTA – The Indonesia Stock Exchange (IDX) has once again suspended trading of PT Golden Flower Tbk (POLU) shares, after a previous suspension on February 23, 2025.

Yulianto Aji Sadono, Head of Transaction Supervision Division at IDX, stated that this action was taken due to the rapid and significant rise in POLU’s share price.

"The exchange urges relevant parties to always pay attention to the information disclosed by the company," Yulianto explained in an official statement on Wednesday (5/3).

The suspension applies to trading in the regular and cash markets, effective from 27 March 2025.

POLU’s share price has soared by 97.43% over the past week. Meanwhile, in the past month, the garment manufacturer’s stock has surged by 126.86%. (EF/KR)