JSX lifts suspension on PGN shares

Tuesday, January 16 2007 - 04:08 AM WIB

A trading suspension on shares of State owned gas distribution firm, PT Perusahaan Gas Negara Tbk (PGN) has lifted on Tuesday, the Jakarta Stock Exchange said in a statement.

The shares were suspended on Monday after plunging more than a fifth on Jan 12, wiping out $1 billion off the firm's market capitalisation, following news of a delay in a pipeline project. (*)

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