🟢 Singaraja Putra is trading 10.30% up today as CUAN negotiates to acquire control

Singaraja Putra is trading IDR 14725, up 10.30%, amid renewed attention on CUAN’s negotiations to acquire control.

• CUAN already holds 27.78% directly or indirectly and is discussing transaction structure, pricing, and completion timing.
• The company disclosed selling its 54% Interkayu Nusantara stake for IDR 31.8 billion on September 14, supporting portfolio optimization.
• Trading activity remains volatile following the recent suspension and resumed price discovery.