BEI Suspends RMKO Shares Amid Price Volatility

Protective Measure by Indonesian Stock Exchange

The Indonesia Stock Exchange (BEI) has taken decisive action by suspending trading of PT Royaltama Mulia Kontraktorindo Tbk (RMKO) shares effective January 2, 2026. This suspension remains in effect until further notice from the exchange. The decision was made due to a significant cumulative price increase in RMKO shares, prompting the BEI to intervene as a protective measure for investors.

Reason Behind the Suspension

Danny Yuskar Wibowo, Head of Transaction Supervision Division at BEI, explained that the suspension was necessary to protect investors from potential risks associated with the rapid price movement. The exact percentage of the price increase was not immediately disclosed, but it was described as 'significant' by the exchange.

Related Market Activity

In a related development, RMK Investama has successfully sold 60 million RMKO shares, realizing substantial profits from the transaction. This sale occurred while the company's shares were under scrutiny from the BEI due to their price movement. The financial impact of this sale on RMK Investama was significant, though specific profit figures were not disclosed in the initial announcement.

Market Implications

The suspension of RMKO shares highlights the BEI's active monitoring of market activities and its commitment to maintaining fair and orderly markets. This action demonstrates the exchange's regulatory powers and its willingness to intervene when necessary to protect investor interests. The market is likely to watch this situation closely as it develops, particularly how the BEI's intervention affects RMKO's stock dynamics and related investor activity.