Singaraja Putra is trading at IDR 13,700, down 13.3%, amid heavy selling pressure; no confirmed company-specific announcement or clear catalyst has been identified. - The price reflects the October 12, 2026 close, based on available market reporting. - The Jakarta Composite Index fell 2.59% that day, providing market context but not an established direct explanation. - The earlier coal-business transition and ongoing takeover discussions are prior context, not demonstrated causes of this decline.