Finance Ministry Has Not Yet Applied for Ownership of IDX

Jakarta (ANTARA) - Finance Minister Purbaya Yudhi Sadewa has stated that the Ministry of Finance has not yet held discussions or submitted a request to acquire share ownership in PT Bursa Efek Indonesia (BEI).

However, he revealed that Danantara Indonesia has submitted a request to acquire share ownership in Indonesia’s capital market authority.

“We have not yet submitted a discussion to buy shares (in the IDX). But if I am not mistaken, Danantara has already applied to buy shares in the Exchange (IDX). But we have not,” said Purbaya during a press conference at the Ministry of Finance office in Jakarta on Wednesday.

Purbaya’s statement was in response to changes in regulations under Law Number 4 of 2026 concerning Amendments to Law Number 4 of 2023 on the Development and Strengthening of the Financial Sector, or the P2SK Law.

Previously, the Chief Executive of Capital Market, Derivative Finance, and Carbon Exchange Supervision at the Financial Services Authority (OJK), Hasan Fawzi, stated that the Ministry of Finance, Bank Indonesia, and Danantara Indonesia would be the first parties to have the opportunity to acquire ownership of IDX shares.

OJK is currently drafting an OJK Regulation (POJK) on Demutualisation, which will serve as the basis for changing the institutional structure of the IDX from a mutual system to a demutualised one.

“If you read the provisions of Law Number 4 of 2026 (the P2SK Law), there is state representation through Bank Indonesia, the Ministry of Finance, and Danantara. These will of course be the first parties to have the opportunity to own shares in the exchange, followed by private deals among them,” said Hasan.