IDX Lifts Suspension on Shrimp Issuer (UDNG) Shares Owned by Kaesang

The Indonesia Stock Exchange (IDX) has announced that the suspension on trading of shares in the issuer owned by Kaesang, PT Agro Bahari Nusantara Tbk (UDNG), has been lifted starting from today in the first session on 17 April 2026. “Based on the Exchange’s assessment, it is hereby announced that the suspension on trading of shares in PT Agro Bahari Nusantara Tbk (UDNG) in the regular market and cash market has been lifted starting from the first session on 17 April 2026,” stated IDX management on Friday (17/4/2026). Previously, trading in UDNG shares was temporarily halted or suspended on 7 April 2026 due to experiencing significant cumulative price declines. This step was taken as a form of protection for investors, particularly shareholders of UDNG. “The Exchange urges interested parties to always pay attention to the information disclosures provided by the Company,” it added. For information, in the last month, UDNG shares have fallen 41.6% to Rp 750 per share with a market capitalisation of Rp 1.3 trillion.