Singaraja Putra is trading at IDR 14,475, up +8.43%, as Petrindo Jaya Kreasi (CUAN) continues negotiations to acquire control of Singaraja Putra.

  • CUAN and its subsidiaries already hold 27.78%; discussions cover the transaction mechanism, price, and completion timing.
  • The potential change of control and mandatory tender-offer implications are the clearest company-specific catalysts behind the September 16, 2026 move.