Indonesia sees US$11 bil in share sales to meet free-float to avoid downgrade

Indonesia is preparing for US$11 billion in share sales to meet stricter free-float requirements, aiming to prevent a potential downgrade to frontier market status by MSCI Inc. The Indonesia Stock Exchange estimates that 267 companies need to increase public shareholdings to 15% from 7.5%. This initiative follows MSCI’s warning about investability and limited free float, prompting regulators to implement reforms to boost transparency and liquidity.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)