OVERVIEW
The Indonesian capital market is the domain of many different institutions and parties. When engaging with the market, entities such as issuers, underwriters, custodians and supporting professionals are bound by the provisionsset out in Law
No. 8 of 1995 on the Capital Market (“
Capital Market Law”). This law governs an extensive range of activities, from public offerings to the simple trading of commercial papers.
Although many commercial instruments such as promissory notes, bonds, shares, and other securities derivatives are traded on the capital market, another important activity is the listing process itself, despite the fact that......