🟢 Singaraja Putra is trading 11.05% up today as CUAN continues talks to acquire control

Singaraja Putra is trading 11.05% up at IDR 16,075 as Petrindo Jaya Kreasi (CUAN) continues negotiations to acquire control.

• CUAN and its subsidiaries already hold 27.78%; discussions cover the transaction mechanism, price, and completion timing.
• The potential acquisition could trigger a mandatory tender offer for public shareholders.
• The catalyst is company-specific, but the transaction remains subject to definitive agreements and approvals.