Firm Wire items are announcements made by the firms themselves. The desk confirms that the announcement was published and reproduces its factual content. It does not verify the claims in it, and publication is not an endorsement.
Rajah & Tann says it published an update on Indonesian exchange ownership rules
Rajah & Tann said it published an update on OJK Regulation No. 13 of 2026, which establishes a framework for stock exchange demutualization in Indonesia. The firm said the regulation separates exchange membership from ownership and permits shareholding by eligible Indonesian individuals and legal entities.
Key points
- The firm said holdings above 5% require prior OJK approval and majority ownership is prohibited.Rajah & Tann
- Rajah & Tann said individuals may acquire shares only through a public offering.Rajah & Tann
- The firm said dividend distributions must take into account the formation and maintenance of operational and development reserve funds.Rajah & Tann
- Rajah & Tann said regulatory and business functions must be separated within six months after demutualization.Rajah & Tann