More Indonesian startups mulling local listing as IDX readies new rules: Pandu Sjahrir

Pandu Patria Sjahrir, the Commissioner of Indonesia Stock Exchange

With e-commerce unicorn Bukalapak set to list on the Indonesia Stock Exchange (IDX) in what is likely to be the bourse’s biggest offering since Adaro Energy’s issue in 2008, there are high expectations of the path the listing will blaze.

IDX is seeking to tap the growing interest in the tech sector, especially homegrown brands that are looking to debut in the local public market.

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