Prajogo Pangestu and Haji Isam-Linked Issuers: IDX Monitors Five Stocks Closely
Jakarta, CNBC Indonesia — The Indonesia Stock Exchange (IDX) has designated unusual market activity (UMA) — price movements outside normal patterns — for five stocks as trading began in Session I on Wednesday, 20 May 2026. Among them is the Prajogo Pangestu-owned conglomerate PT Chandra Asri Pacific Tbk. (TPIA), whose share price fell outside the ordinary. Citing Stockbit data, the stock has declined 27.44% to 3,120 per share in the past week. Another is PT Petrindo Jaya Kreasi Tbk. (CUAN), which was also treated as UMA after a price decline of 23.53% to 650 per share. In addition, UMA was designated for the shares owned by conglomerate Samsudin Andi Arsyad alias Haji Isam, of PT Abadi Nusantara Hijau Investama Tbk. (PACK). The green-energy holding’s shares were deemed to have risen abnormally after jumping 18.58% to 370 per share in the past week. Next, UMA was assigned to PT Bank Aladin Syariah Tbk. (BANK) and PT Prime Agri Resources Tbk. (SGRO). Both experienced unusual price declines, by 21.81% to 380 per share and 12.10% to 2,760 per share, respectively, in the past week. In connection with UMA on these five stocks, IDX said it is currently monitoring the evolution of trading patterns for all of them. ‘An UMA announcement does not automatically indicate violations of securities laws,’ the Exchange said in its statement, quoted on Wednesday, 20 May 2026. Therefore investors are advised to: a) pay attention to the listed company’s responses to the exchange’s request for confirmation; b) monitor the performance and information disclosure of the listed company; c) re-evaluate the listed company’s corporate action plans if those plans have not yet gained approval from the General Meeting of Shareholders (RUPS); d) consider various potential scenarios that may arise in the future before making investment decisions. All information disclosures related to the Issuer are published on the Exchange’s website (www.idx.co.id).