Inp.polri.go.id - Jakarta. The Indonesia Stock Exchange (BEI) officially adjusted its listing regulations on Tuesday (31/3/2026), raising the minimum "free float" requirement for listed companies to 15 percent of total shares.
"This adjustment is part of our commitment to accelerating capital market reform, strengthening corporate governance, and optimizing investor protection," said Kautsar Primadi Nurahmad, the Corporate Secretary of BEI, in an official statement in Jakarta, as quoted by antaranews.com.
The new policy also introduces a tiered free float requirement for initial listings based on market capitalization, setting thresholds at 15, 20, and 25 percent. To facilitate a smooth transition, BEI has established a phased compliance schedule ending as late as March 2029 for smaller firms, while larger companies with a market cap above Rp 5 trillion must reach the 15 percent mark by March 2028.
BEI is also mandating continuous education for directors and commissioners to ensure high standards of transparency and financial reporting, aiming to bolster global investor confidence in the Indonesian market.
(mg/inp/pr/rs)
