Bumi shares suspended temporarily

DividendMax Ltd.

The group said its main focus is now producing results 'at the earliest possible date in May'.

Nick von Schirnding, chief executive of Bumi, said: "We are taking all necessary steps to create a clean and transparent company with a balance sheet in which investors can have confidence.

"Verifying the balance sheet is a necessary step to rebuild investor trust and to achieve that a temporary suspension in trading is required.

"It is critical that Bumi is able to draw a line under any historic issues before we move ahead with our clear strategy for value optimisation focused on Berau. "