🔴 DEWA.JK is trading 7.4% down today on legal and ESG concerns over land dispute

DEWA.JK is trading 7.4% down at IDR 448 following reports of a long-running land seizure dispute at the PT Arutmin concession.

• The selloff follows May 17 reports alleging the company's involvement in legal and ESG-related controversies.
• Investors are weighing potential legal liabilities and operational risks, prompting profit-taking after a strong prior run in the shares.