{
    "success": true,
    "data": {
        "id": 2057784,
        "msgid": "msig-lifes-share-free-float-still-well-below-15-chief-executive-says-1793101856",
        "date": "2026-10-27 18:25:05",
        "title": "MSIG Life\u2019s Share Free Float Still Well Below 15%, Chief Executive Says",
        "author": "",
        "source": "CNBC",
        "tags": "",
        "topic": "Finance",
        "summary": "MSIG Life has pledged to meet the Indonesia Stock Exchange\u2019s 15% minimum free-float requirement by the 31 March 2027 deadline, although it has yet to decide how to do so. Its current free float is 7.5%, and the insurer says it is reviewing options with shareholders.",
        "content": "<p>Jakarta, CNBC Indonesia \u2014 PT MSIG Life Insurance Indonesia Tbk (LIFE)\nhas commented on the requirement for listed companies to maintain a 15%\nshare free float. President Director Wianto Chen said the issue is\ncurrently attracting attention, particularly among capital-market\nparticipants.<\/p>\n<p>He said the company would comply with the requirement set by the\nIndonesia Stock Exchange (IDX), with a deadline of 31 March 2027.<\/p>\n<p>\u201cAs a public company, we are fully committed to meeting the\nrequirements set by the Indonesia Stock Exchange, particularly by 31\nMarch. We will meet that requirement,\u201d Wianto said at MSIG Life\u2019s public\nexpose at Sinar Mas Land Plaza in Central Jakarta on Tuesday (27 October\n2026).<\/p>\n<p>The insurer is discussing possible ways to reach the 15% free-float\nthreshold with relevant parties. However, Wianto acknowledged that no\nfinal decision had been made.<\/p>\n<p>\u201cWe are currently discussing and considering various alternatives and\noptions with our shareholders. They are under review, but no decision\nhas been made as of today; the process is still under review,\u201d he\nsaid.<\/p>\n<p>Wianto stressed that MSIG Life would inform the regulator and the\nmedia once a decision had been reached.<\/p>\n<p>\u201cOnce the review process is complete, we will inform our media\ncolleagues. That is what we are doing now. We are confident we will meet\nthe deadline,\u201d he said.<\/p>\n<p>LIFE\u2019s current share free float is 7.5%, exactly half the newly\nstipulated minimum.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/msig-lifes-share-free-float-still-well-below-15-chief-executive-says-1793101856",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}