In order to adjust the transition period for provisions that address the determination of equity securities under special monitoring, as owned by listed companies that do not meet the requirements to remain listed on the PT Bursa Efek Indonesia (“BEI”),[1] the Director of the BEI has now issued Decree No. KEP-00030/BEI/05-2022 (“Decree 30/2022”) on Regulation II-S on the Trading of Equity Securities under Special Monitoring (“Regulation II-S”). Previously, Regulation II-S featured under Decree of the Board of the BEI No. KEP-00058/BEI/07-2021 (“Decree 58/2021”).
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