Indonesia’s dual-class shares move set to drive equities pickup
The new regulation is likely to spur local listings and, consequently, institutional investor interest in equities, experts say.
Indonesia’s plans to allow dual-class listings are likely to be successful in courting local technology companies while giving equities a boost in Indonesian asset owners’ portfolios, according to experts.
This move by Indonesia to strengthen its stock market is coming about while neighbours Singapore and Hong Kong finalise frameworks to allow special purpose acquisition company (Spac) listings on their bourse.
“This phenomenon will certainly impact Indonesian institutional inve…
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