{
    "success": true,
    "data": {
        "id": 1748862,
        "msgid": "bei-holds-consultations-with-high-shareholding-concentration-hsc-issuers-1779546246",
        "date": "2026-05-19 15:14:39",
        "title": "BEI Holds Consultations with High Shareholding Concentration (HSC) Issuers",
        "author": "",
        "source": "TEMPO_ID_BISNIS",
        "tags": "",
        "topic": "Regulation",
        "summary": "BEI has held meetings with issuers on the High Shareholding Concentration list to discuss steps that could enable them to exit the HSC category. The exchange emphasizes the list is informational for investors, not punitive, and final decisions rest with investors.",
        "content": "<p>Bursa Efek Indonesia (BEI) has held consultations with several\nissuers that are on the high shareholding concentration (HSC) list.\nBEI\u2019s Director of Corporate Valuation I Gede Nyoman Yetna said the\ndiscussions focused on steps the companies could take to exit the HSC\nlist.<\/p>\n<p>\u2018I won\u2019t name names, but most of these companies have already met\nwith us,\u2019 Nyoman told reporters at the Indonesia Stock Exchange, on\nTuesday, 19 May 2026. He said the issuers asked in detail what criteria\nmust be met for a company to no longer be categorised as a stock with\nhigh ownership concentration.<\/p>\n<p>Nyoman said one possible action is to map ownership. He stated the\nexchange does not view affiliations of share ownership, but rather\nconcentrates on the proportion of ownership held by a small group of\nparties.<\/p>\n<p>According to Nyoman, when share ownership is concentrated, price\nformation in the market will not reflect objective conditions. \u2018Friends,\nwhat we also want to convey is that with relatively even dispersion,\nprice formation will be directed towards the objectivity of its\nfundamentals,\u2019 he said.<\/p>\n<p>Nevertheless, Nyoman emphasised that the HSC list information is not\na punishment for issuers, but rather supplementary information for\ninvestors. He said the final decision remains in the hands of\ninvestors.<\/p>\n<p>Based on BEI\u2019s announcement, there are 10 issuers on the HSC list: PT\nBarito Renewables Energy Tbk (BREN), PT Dian Swastatika Sentosa Tbk\n(DSSA), PT Abadi Lestari Indonesia Tbk (RLCO), PT Rockfields Properti\nIndonesia Tbk (ROCK), PT Panca Anugrah Wisesa Tbk (MGLV), PT Ifishdeco\nTbk (IFSH), PT Satria Mega Kencana Tbk (SOTS), PT Samator Indo Gas Tbk\n(AGII), PT Lima Dua Lima Tiga Tbk (LUCY), and PT BSA Logistics Indonesia\nTbk (WBSA).<\/p>\n<p>Morgan Stanley Capital International (MSCI) itself has removed BREN\nand DSSA from the Global Standard Index. Meanwhile, FTSE Russell said it\nwould remove Indonesian stocks suspected of having high ownership\nconcentration in its June 2026 review.<\/p>\n<p>Editor\u2019s Pick: How should investors respond to MSCI assessments?<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/bei-holds-consultations-with-high-shareholding-concentration-hsc-issuers-1779546246",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}