REPUBLIKA.CO.ID, JAKARTA -- The Jakarta Stock Exchange suspended trading of PT Bali Towerindo Sentra Tbk (Bali) after a surge in its share price in five days.

The price of Bali rose Rp855 or 142.5 percent per share to Rp1,455 on March 19 from Rp600 on March 13, head of the transaction supervision division of BEI Irvan Susandy said here on Thursday.

The trading of Bali is suspended from Thursday until time to be announced, Irvan said.

Bali Towerindo, which is based in Bali, is a provider of telecommunication towers, and telecommunications networks.

It is 85.27 percent owned by PT Kharisma Cipta Towerindo and 14.72 percent by investing public.

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