Indonesia's OJK allows dual-class share structure to attract domestic tech listings

Indonesia’s Financial Services Authority, commonly known as OJK, has released a regulation that allows dual-class share structure. The move is part of the regulator’s effort to attract homegrown tech companies to debut on the local stock market, according to a statement on Tuesday.

A dual-class share structure means a company can issue two or more classes of shares that have different voting rights, and dividend payments, among other features.

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