Lionmesh Prima Reports Recovery Plan for Indonesia Stock Exchange Share Suspension

Bitget2026/10/22 09:25

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Lionmesh Prima submitted a recovery update September 18, 2026, to the Indonesia Stock Exchange concerning its suspended, exchange-listed shares.
August free float totaled 8,882,000 shares, or 9.25%, meeting the 7.5% minimum but falling short of the 50,000,000-share requirement.
The exchange cleared a 1:1 stock split, expected to leave free float at approximately 30,060,000 shares, still below the requirement.
A larger split was considered but risked pushing the stock below the theoretical share-price requirement.
Four consecutive years of losses complicate recovery efforts; potential takeovers and a rights issue have not materialized.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PT Lionmesh Prima Tbk published the original content used to generate this news brief via Indonesia Stock Exchange (IDX) (Ref. ID: 32149770) on October 22, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Lionmesh Prima Reports Recovery Plan for Indonesia Stock Exchange Share Suspension

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