The Indonesia Stock Exchange (IDX) issued a new listing rule on 21 December 2021 (“New Listing Rule”). This New Listing Rule introduces: (i) a new free float definition; (ii) new…
On 1 December 2021, the Financial Services Authority (Otoritas Jasa Keuangan or “OJK”) issued OJK Rule No. 22/POJK.04/2021 ("POJK 22/2021”), which allows prospective public companies that are tech start-ups to…
After a long time being left unregulated, go private finally has codified rules to follow. Financial Services Authority (“OJK”) has issued a new regulation No.3/POJK.04/2021, dated 22 February 2021 on…
ISSUANCE OF NEW PRESIDENTIAL REGULATION ON INVESTMENT BUSINESS ACTIVITIES Subsequent to the issuance of Law No. 11 of 2020 on Job Creation on 2 November 2020 (“Omnibus Law”), which amended…
This article describes our team look at the M&A report in 2021 which includes insight on the market overview, Covid-19 and recovery plans, legislation and policy changes, market norms, public…