{
    "success": true,
    "data": {
        "id": 1957750,
        "msgid": "ojk-sets-maximum-5-shareholding-limit-for-indonesia-stock-exchange-1788432913",
        "date": "2026-09-03 16:30:29",
        "title": "OJK Sets Maximum 5% Shareholding Limit for Indonesia Stock Exchange",
        "author": "",
        "source": "CNBC",
        "tags": "",
        "topic": "Regulation",
        "summary": "The Financial Services Authority (OJK) has announced a proposed 5% maximum shareholding limit for individual shareholders of the Indonesia Stock Exchange (IDX) following its demutualisation. While a cap is being established, certain strategic institutions may be permitted to exceed this limit subject to rigorous regulatory scrutiny and approval.",
        "content": "<p>The Financial Services Authority (OJK) has addressed the issue\nregarding the proportion of shares that can be held by various parties\nfollowing the implementation of the Indonesia Stock Exchange (IDX)\ndemutualisation.<\/p>\n<p>Hasan Fawzi, the Executive Head of Capital Market, Derivatives, and\nCarbon Exchange Supervision at OJK, stated that under the OJK Regulation\ncurrently in the finalisation stage, the maximum ownership limit for\neach shareholder is set at 5%.<\/p>\n<p>\u201cUnder the current draft OJK Regulation, we have established a 5%\nprovision,\u201d he said when met at the DPR RI building in Jakarta on\nThursday (3\/9\/2026).<\/p>\n<p>This provision applies to current Exchange Members (AB) as\nshareholders, as well as other Indonesian legal entities.<\/p>\n<p>Hasan continued, noting that shareholders may exceed this maximum\nproportion if they meet specific, detailed criteria as regulated in the\nOJK Regulation concerning demutualisation.<\/p>\n<p>\u201cUltimately, there will be a review, investigation, and approval\nprocess by us at OJK to ensure that the parties involved truly meet the\nvarious required criteria,\u201d he explained.<\/p>\n<p>Hasan emphasised that shareholding is open to all institutions.\nHowever, to obtain a sufficiently large shareholding portion, certain\ncriteria must be met, particularly for those acting as strategic\nshareholders, such as the Ministry of Finance or BPI Danantara.<\/p>\n<p>\u201cIf those criteria are met and through the research and approval\nprocess in accordance with the OJK Regulation, it remains possible for\ncertain parties to hold a share portion in the Exchange exceeding the 5%\nlimit,\u201d he concluded.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/ojk-sets-maximum-5-shareholding-limit-for-indonesia-stock-exchange-1788432913",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}