Introduction of the Accelerated Board on the Indonesia Stock ExchangeThe Indonesian government recently introduced an Accelerated Board on the Indonesia Stock Exchange ("IDX"), which will cater to market demand to allow start-ups with small or medium-sized assets to have access to the capital markets through the stock exchange. Under the IDX regulation and the Financial Services Authority's regulation on the Accelerated Board, issuers with small or medium-sized assets receive certain leniencies with respect to, among others, asset size, operational activities, and minimum free float.
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intended to provide a general guide to the subject matter and should not be treated as a substitute for specific professional advice.