Search Results for:Fathiya Dahrul

Indonesia’s stock exchange relaxes listing norms to boost trading

The exchange’s “accelerated board” for startups will exempt them from having independent directors or commissioners, or from having their financial statements audited.


Hong Kong billionaire Li said to near deal to buy CBA’s Indonesia unit

A sale of CBA’s 80% stake in the Indonesian business is likely to fetch about $400 million.


Stocks under pressure but the IPO frenzy on IDX refuses to die down

Indonesia has had more IPOs this year than any other country in Southeast Asia, with Malaysia a distant second. And some 24 other companies are planning to list their shares before the end of December.


Asian tycoons mull bids for LafargeHolcim’s Indonesia arm valued at up to $2b

Malaysia’s YTL Corp. and PT Semen Indonesia are among suitors weighing bids.


Indonesian stock market selloff turns spoiler for local listings

At least three companies deferred initial public offering plans last week.


Indonesia set to issue stricter regulations for fintech sector

The Financial Services Authority, known as OJK, plans to issue new rules by June that will compel fintech firms to be registered with authorities. Unregistered companies won’t be allowed to tap financial markets or raise money from banks.


Indonesia to have more bitcoin investors than stock participants by year-end

Indonesia Digital Asset Exchange will have 1.5 million members buying and selling digital currencies by the end of the year.


Warburg, Baring PE Asia among suitors for Indonesia’s consumer finance firm BFI

Baring PE Asia, Taiwan’s Cathay Financial Holding, and South Korea’s Shinhan Financial Group are among bidders for a stake in PT BFI Finance Indonesia.


Morgan Stanley’s top man in Indonesia to leave post for HSBC

Oki Ramadhana, who heads Morgan Stanley’s Indonesian operations, will be leaving to join HSBC.


Indonesia’s Bank Danamon fields interest from suitors for insurance unit

The subsidiary, PT Asuransi Adira Dinamika, has drawn interest from European and Japanese insurers.