Nusantara Hijau Investama is trading at IDR 352, up 10%, on speculative buying linked to rumors that Haji Isam’s Jhonlin Group may acquire a controlling stake in Bayan Resources.
- Indonesian coverage linked the rally in Haji Isam-related stocks, including Nusantara Hijau Investama, to the rumor.
- No official acquisition confirmation has been reported.
- The stock has posted repeated strong gains over the past week.