INITIAL PUBLIC OFFERING (IPO) - JAKARTA. Less than a month after its debut on the stock market, shares of PT Indo American Seafoods Tbk (ISEA) have come under the scrutiny of the Indonesia Stock Exchange (IDX). Last Wednesday (24/7/2024), the IDX announced an abnormal drop in ISEA's share price, a phenomenon known as unusual market activity (UMA).
The IDX is currently monitoring the transaction patterns of ISEA shares. Consequently, the IDX is advising investors to exercise caution when making investment decisions, taking into account various information related to ISEA shares, from ISEA's performance and transparency of information to corporate action plans that have not yet been approved by the General Meeting of Shareholders (GMS), among others.
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