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OJK Moves to Better Regulate Stock Splits and Reverse Stock Splits by Public Companies

Indonesia - September 26 2022 A stock split (“SS”) is where a company subdivides its shares by splitting 1 share into 2 or more shares based on an agreed ratio. This results in an…

Nesya Ashari, Ayik Candrawulan Gunadi

OJK Provides Greater Clarity on Discharge of its Capital-Market Supervisory Functions

Indonesia - February 11 2022 The Financial Services Authority (“OJK”) has faced criticism by stakeholders and the public in the wake of a spate of recent financial scandals…

Ayik Candrawulan Gunadi

Indonesia Moves to Boost Crypto-Asset Market for Traders and Investors

Indonesia - December 23 2021 Few markets have been left untouched by the rapid growth in the popularity of crypto currencies and other forms of crypto assets. As governments…

Ayik Candrawulan Gunadi, Mr. Kevin Mamusung

Indonesia’s State Enterprises Ministry Introduces Overhaul of SOE Directors’ Selection Process

Indonesia - November 15 2021 In order to improve the quality and accountability of new appointees to directorships in State-Owned Enterprises (“SOE Directors”)…

Ayik Candrawulan Gunadi, Nindi Saskia

Indonesia Stock Exchange Clarifies Rules on Interim Dividends

Indonesia - September 22 2021 The Indonesia Stock Exchange (“IDX”) recently issued new rules to synchronize the existing provisions on the distribution of interim and final…

Ammalia P Putri