Indonesia may introduce norms for dual-class shares this year

Indonesia may introduce norms for dual-class shares this year

An electronic board at the Indonesia Stock Exchange (IDX) in Jakarta. REUTERS/Beawiharta

Indonesian authorities are discussing new guidelines on topics such as dual classes of shares for companies, with the measures likely to be rolled out this year, a stock exchange official said on Friday.

The comments come as bankers and investors expect a wave of listings on the Indonesia Stock Exchange (IDX) over the next couple of years, led by tech firms that have benefited as consumers flocked to digital platforms during the pandemic.

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