Delisting and Relisting Regulated More Strictly on the Indonesia Stock Exchange

June 05, 2024, 05.35 AM  | Reporter: Yuliana Hema
Delisting and Relisting Regulated More Strictly on the Indonesia Stock Exchange

ILUSTRASI. A man wearing a protective mask walks near an electronic board displaying the stock market index at the Indonesia Stock Exchange (IDX), as the outbreak of the coronavirus disease (COVID-19) continues, in Jakarta, Indonesia, September 8, 2020. REUTERS/Willy Kurniawan

STOCK MARKET - JAKARTA. The Indonesia Stock Exchange (IDX) is adjusting its delisting and relisting rules. This policy is contained in Regulation Number I-N concerning the Cancellation of Listing (delisting) and re-listing of shares and Debt and Sukuk Securities (EBUS). 

This exchange regulation is a follow-up to the Financial Services Authority (POJK) Regulation Number 3 of 2021 concerning Activities in the Capital Market. This POJK regulates provisions regarding the change of status from a public company to a private one. 

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