Indonesia Stock Exchange Suspends Trading of Wijaya Karya, Company Says

STOCK MARKET - JAKARTA. Indonesia's Stock Exchange has suspended trading of state-owned construction firm Wijaya Karya after the company failed to meet debt obligations, the company said on Wednesday.

The suspension on Tuesday came after Wijaya Karya delayed payments due on the principal of two bonds it had issued in 2022, Mahendra Vijaya, the company's corporate secretary, told Reuters.

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