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Indonesia Stock Exchange To Issue New Listing Regulation - Corporate/Commercial Law

To print this article, all you need is to be registered or login on Mondaq.com. The Indonesia Stock Exchange ( IDX ) is currently preparing a new listing regulation to update the current listing regulation. 1 The new regulation will add a definition of public float, which will address which shareholders of a public company can be calculated as part of the public shares of such company. By issuing this new regulation, the IDX hopes to encourage public companies to obtain more public shareholders in initial public offerings. The new regulation is also in line with a recent OJK regulation on e-bookbuilding (OJK

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