KONTAN.CO.ID - SINGAPORE. Indonesian authorities are discussing new guidelines on topics such as dual classes of shares for companies, with the measures likely to be rolled out this year, a stock exchange official said on Friday. The comments come as bankers and investors expect a wave of listings on the Indonesia Stock Exchange (IDX) over the next couple of years, led by tech firms that have benefited as consumers flocked to digital platforms during the pandemic. Indonesian authorities are trying to sort out issues related to the ratio of voting rights and the duration of such rights, among others, said Pandu Sjahrir, a commissioner at IDX.
Indonesia aims to launch rules on dual class shares this year -exchange official
KONTAN.CO.ID - SINGAPORE. Indonesian authorities are discussing new guidelines on topics such as dual classes of shares for companies, with the measures likely to be rolled out this year, a stock exchange official said on Friday. The comments come as bankers and investors expect a wave of listings on the Indonesia Stock Exchange (IDX) over the next couple of years, led by tech firms that have benefited as consumers flocked to digital platforms during the pandemic. Indonesian authorities are trying to sort out issues related to the ratio of voting rights and the duration of such rights, among others, said Pandu Sjahrir, a commissioner at IDX.